Federal Bank allots 110,582 equity shares under employee stock option schemes
Federal Bank reported the allotment of equity shares following the exercise of stock options by employees. As per the announcement dated December 22, 2025, a total of 4,000 equity shares, each with a face value of ₹2, were allotted under the ESOS 2010 Scheme. Concurrently, an additional 106,582 equity shares, also with a face value of ₹2 each, were allotted under the ESOS 2017 Scheme. These allotments were made after payments by the allottees.
The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee, underscoring the bank's ongoing employee incentive programs. Samir P. Rajdev, company secretary of Federal Bank, formally communicated these details to the National Stock Exchange of India Limited and BSE Limited, requesting that the information be placed on record.
This move indicates Federal Bank's continued use of employee stock option schemes to align employee interests with shareholder value, rewarding eligible participants for their contributions to the bank's performance. The total number of shares allotted across both schemes on this date amounts to 110,582 equity shares.
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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