The Federal Bank Limited has announced the allotment of 3,98,444 equity shares to employees under its Employee Stock Option Schemes (ESOS), as approved by the Nomination, Remuneration, Ethics and Compensation Committee.
According to the bank’s filing with the BSE and National Stock Exchange (NSE), the allotments were made upon receipt of consideration from eligible employees exercising their stock options.
The breakdown of the allotment is as follows:
- 9,220 equity shares of face value ₹2 each under the ESOS 2010 Scheme
- 3,89,224 equity shares of face value ₹2 each under the ESOS 2017 Scheme
Following this allotment, the newly issued shares will rank pari passu with the existing equity shares of the bank in all respects.
The company’s Secretary, Samir P. Rajdev, confirmed the allotment in the regulatory filing dated November 2, 2025, and requested the exchanges to take the same on record.
Federal Bank, one of India’s leading private sector lenders, continues to strengthen employee participation and retention through structured incentive programs like ESOS, aligning long-term employee interests with shareholder value.
