Federal Bank allots 3,19,613 equity shares under ESOS on March 15 | Business Upturn

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Federal Bank has allotted a total of 3,19,613 equity shares as part of its Employee Stock Option Schemes (ESOS) on March 15, 2026.

The allotment includes 5,920 shares under the ESOS 2010 Scheme and 3,13,693 shares under the ESOS 2017 Scheme. Each share has a face value of ₹2. This development follows the approval from the Nomination, Remuneration, Ethics and Compensation Committee and the subsequent payment by the option grantees.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

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TOPICS: Federal Bank Kerala Samir P Rajdev