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Federal Bank Allots 1,34,876 Equity Shares Under ESOS
The Federal Bank Limited
January 11, 2026, 04:08 AM
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The Federal Bank Limited has announced the allotment of equity shares following the exercise of stock options under its Employee Stock Option Schemes (ESOS). The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee.
Specifically, 1,800 equity shares with a face value of ₹2 each were allotted under the ESOS 2010 Scheme. Additionally, 1,33,076 equity shares with a face value of ₹2 each were allotted under the ESOS 2017 Scheme. Both allotments were made on January 11, 2026, after the option grantees paid the requisite amounts.
This action is part of the bank's employee stock option plan to incentivize and retain talent.
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