Federal Bank Allots 1.11 Lakh Equity Shares to Employees Under ESOS 2010, ESOS 2017 and ESIS 2023 Schemes

Federal Bank has allotted 1,11,880 equity shares to employees following the exercise of stock options under its employee stock option schemes. The allotment was approved by the bank’s Nomination, Remuneration, Ethics and Compensation Committee, and the shares were issued on October 25, 2026, after the employees paid the required amount.

According to the bank’s regulatory filing dated October 25, 2026, a total of 20,875 equity shares were allotted under the Employee Stock Option Scheme (ESOS) 2010. Another 87,940 shares were allotted under ESOS 2017, while 3,065 shares were issued under the Employee Stock Incentive Scheme (ESIS) 2023.

Each equity share has a face value of Rs 2. The total number of shares allotted under the three schemes is 1,11,880, representing a combined face value of Rs 2,23,760.

Federal Bank informed the National Stock Exchange of India and BSE Limited about the allotment as part of its regulatory disclosure requirements. The filing was signed by Samir P Rajdev, Company Secretary of Federal Bank.