Federal Bank allots shares under employee stock option schemes

Federal Bank has reported the allotment of equity shares, as approved by its Nomination, Remuneration, Ethics and Compensation Committee. This allotment follows the exercise of stock options under two Employee Stock Option Schemes (ESOS), with payment received from the allottees.

Under the ESOS 2010 Scheme, 28,493 equity shares, each with a face value of Rs. 2/-, were allotted. These shares were granted to employees who exercised their stock options on November 9, 2025. Concurrently, an additional 253,951 equity shares, also with a face value of Rs. 2/- each, were allotted to option grantees under the ESOS 2017 Scheme, following their exercise of stock options on the same date.

The total number of equity shares allotted across both schemes is 282,444. These allotments are part of the bank's employee stock option programs, aimed at rewarding and retaining talent within the organization. The bank requested that these allotments be taken on record by both the National Stock Exchange of India Limited and BSE Limited.