Federal Bank Allots Over 3.26 Lakh Equity Shares Under Employee Stock Schemes
September 8, 2026: The Federal Bank Limited has allotted a total of 326,256 equity shares to option grantees following the exercise of stock options under its employee stock schemes.
The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee and were made after receipt of the required payment from the allottees.
The shares, each with a face value of ₹2, were allotted under four schemes on September 8, 2026:
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ESOS 2010: 75,148 equity shares
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ESOS 2017: 1,44,808 equity shares
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ESOS 2023: 1,02,750 equity shares
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ESIS 2023: 3,550 equity shares
The total allotment represents 326,256 equity shares issued to eligible option grantees upon exercise of their respective stock options.
Key Highlights
|
Scheme |
Equity Shares Allotted |
|---|---|
|
ESOS 2010 |
75,148 |
|
ESOS 2017 |
1,44,808 |
|
ESOS 2023 |
1,02,750 |
|
ESIS 2023 |
3,550 |
|
Total |
3,26,256 |
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Allotment date: September 8, 2026
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Face value: ₹2 per share
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Allottees: Employee stock option grantees
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Approving committee: Nomination, Remuneration, Ethics and Compensation Committee
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Company: The Federal Bank Limited
