Federal Bank allots equity shares under employee stock option schemes

Federal Bank announced the allotment of equity shares on August 30, 2025, following the exercise of stock options by employees. This action, approved by the Nomination, Remuneration, Ethics and Compensation Committee, involved two distinct employee stock option schemes.

Under the ESOS 2010 Scheme, the bank allotted 5,600 equity shares, each with a face value of Rs. 2. Additionally, 67,419 equity shares, also with a face value of Rs. 2 each, were allotted under the ESOS 2017 Scheme. These allotments occurred after the respective payments were made by the allottees.

The total number of shares allotted across both schemes is 73,019, demonstrating the ongoing utilization of the bank's employee stock option programs. This move is a routine operational update in the context of employee compensation and share capital management.