Federal Bank Allots 1,08,461 Equity Shares Under ESOS
The Federal Bank Limited has announced the allotment of equity shares under its Employee Stock Option Scheme (ESOS). Following approval from the Nomination, Remuneration, Ethics and Compensation Commi...
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Why is The Federal Bank Limited in the news today?
The Federal Bank Limited (FEDERALBNK) is in the news due to the announcement pertains to routine allotment of shares under an employee stock option scheme, which is a standard corporate action and does not inherently indicate a positive or negative development for the bank.
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Federal Bank Allots 1,08,461 Equity Shares Under ESOS
December 28, 2025, 02:52 PM
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The Federal Bank Limited has announced the allotment of equity shares under its Employee Stock Option Scheme (ESOS). Following approval from the Nomination, Remuneration, Ethics and Compensation Committee, the bank allotted 2,682 equity shares with a face value of ₹2 each to option grantees under the ESOS 2010 Scheme on December 28, 2025.
Additionally, 1,05,779 equity shares, also with a face value of ₹2 each, were allotted to option grantees under the ESOS 2017 Scheme on the same date, December 28, 2025. These allotments were made after the respective option grantees made the required payments.
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