Federal Bank allots 2,17,212 equity shares under ESOS schemes | Business Upturn

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Federal Bank has allotted a total of 2,17,212 equity shares following the exercise of stock options by its employees. The allotments were made under the bank’s Employee Stock Option Schemes (ESOS) 2010 and 2017, as approved by the Nomination, Remuneration, Ethics and Compensation Committee.

On 23 March 2026, the bank allotted 6,100 equity shares with a face value of ₹2 each to option grantees under the ESOS 2010 scheme. Additionally, 2,11,112 equity shares with the same face value were allotted under the ESOS 2017 scheme.

The exercise of these stock options reflects the bank’s ongoing commitment to incentivise and reward its employees through equity participation, aligning their interests with those of shareholders.

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

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TOPICS: ESOS 2010 ESOS 2017 Federal Bank Samir P Rajdev