Federal Bank issues 25,910 equity shares under stock option schemes | Business Upturn

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The Federal Bank has announced the allotment of a total of 25,910 equity shares following the exercise of stock options by its employees. This allotment was approved by the bank’s Nomination, Remuneration, Ethics and Compensation Committee.

The allotment includes 1,500 equity shares with a face value of ₹2 each, issued under the ESOS 2010 Scheme, and 24,410 equity shares with a face value of ₹2 each, issued under the ESOS 2017 Scheme. Both allotments were made on 25 March 2026.

These stock options are part of the bank’s efforts to incentivise and retain talent by offering employees a stake in the company’s growth.

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