Federal Bank allots equity shares under employee stock option schemes
On December 8, 2025, Federal Bank Limited allotted a total of 933,783 equity shares under its employee stock option schemes. This decision, approved by the nomination, remuneration, ethics and compensation committee, follows the successful payment by allottees for their exercised options.
Specifically, 5,805 equity shares, each with a face value of Rs. 2, were allotted under the ESOS 2010 Scheme. Additionally, 927,978 equity shares, also with a face value of Rs. 2 each, were allotted to grantees exercising stock options under the ESOS 2017 Scheme.
The company has communicated this development to both the National Stock Exchange of India Limited and BSE Limited, requesting that these allotments be officially recorded. Samir P Rajdev, company secretary, signed the announcement.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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