Federal Bank allots shares under employee stock option schemes

Federal Bank's Nomination, Remuneration, Ethics and Compensation Committee has approved the allotment of 117,518 equity shares to employees under its Employee Stock Option Schemes. These allotments, made on September 27, 2025, follow the payment of money by the allottees.

Specifically, 7,850 equity shares with a face value of Rs. 2/- each were allotted under the ESOS 2010 Scheme. Additionally, 109,668 equity shares, also with a face value of Rs. 2/- each, were allotted under the ESOS 2017 Scheme. Both allotments were made to option grantees upon the exercise of their stock options.

The bank has communicated these allotments to both the National Stock Exchange of India Limited and BSE Limited, ensuring regulatory compliance and transparency.