Federal Bank Allots Equity Shares to Employees Under ESOS 2010 and ESOS 2017 Schemes

Federal Bank has allotted equity shares to eligible option grantees on two separate occasions following the exercise of stock options under its Employee Stock Option Schemes. The allotments, approved by the Nomination, Remuneration, Ethics and Compensation Committee, were made after receipt of payment from the respective allottees.

Allotment Details Under ESOS Schemes

The bank completed allotments under two distinct ESOS schemes across two allotment dates. The following table summarises the key details of each allotment:

Parameter:	ESOS 2010 Scheme	ESOS 2017 Scheme
Shares Allotted (May 03, 2026):	21,875	3,74,244
Shares Allotted (May 09, 2026):	6,165	2,23,722
Face Value Per Share:	Rs. 2/-	Rs. 2/-
Allottees:	Option Grantees	Option Grantees

Regulatory Disclosure

Both allotments were communicated to the National Stock Exchange of India Limited and BSE Limited under Regulation 30, in accordance with applicable disclosure requirements. The first intimation was issued bearing reference SEC/ESOS/43/2026-27, and the subsequent intimation bearing reference SEC/ESOS/51/2026-27, both signed by Company Secretary Samir P Rajdev on behalf of Federal Bank's Secretarial Department.

Key Highlights

ESOS 2010 (May 03, 2026): 21,875 equity shares allotted with a face value of Rs. 2/- each
ESOS 2017 (May 03, 2026): 3,74,244 equity shares allotted with a face value of Rs. 2/- each
ESOS 2010 (May 09, 2026): 6,165 equity shares allotted with a face value of Rs. 2/- each
ESOS 2017 (May 09, 2026): 2,23,722 equity shares allotted with a face value of Rs. 2/- each
All allotments made following payment by the respective option grantees
Approved by the Nomination, Remuneration, Ethics and Compensation Committee
Disclosures filed with both NSE and BSE

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.33%	+2.20%	-0.96%	+13.36%	+43.73%	+234.14%

Federal Bank Limited has disclosed that the Reserve Bank of India (RBI) has granted its approval to Kotak Mahindra Bank Limited to acquire an "aggregate holding" of up to 9.99% of the paid-up share capital or voting rights of Federal Bank. The intimation from the RBI was received by Federal Bank on May 06, 2026, and the disclosure was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Key Details of the RBI Approval

The following table summarises the key parameters of the regulatory approval:

Parameter:	Details
Approving Authority:	Reserve Bank of India (RBI)
Acquirer:	Kotak Mahindra Bank Limited
Target Bank:	Federal Bank Limited
Approved Holding Limit:	Up to 9.99% of paid-up share capital or voting rights
Date of RBI Intimation Received:	May 06, 2026
Disclosure Filed Under:	Regulation 30, SEBI (LODR) Regulations, 2015

Regulatory Conditions Governing the Approval

The approval granted by the RBI is subject to compliance with a set of applicable regulatory frameworks. Federal Bank's disclosure specifically outlines the following conditions:

Banking Regulation Act, 1949
Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025, dated November 28, 2025 (as amended from time to time)
Foreign Exchange Management Act, 1999
Regulations issued by the Securities and Exchange Board of India (SEBI)
Any other applicable statutes, regulations, and guidelines

Disclosure and Governance

The disclosure was made by KVS Manian, Managing Director & CEO of Federal Bank Limited, through the Secretarial Department on May 07, 2026. The filing was addressed to both the National Stock Exchange of India Limited and BSE Limited in accordance with listing obligations. The communication confirms that the RBI approval is conditional and must adhere to all relevant provisions as specified by the applicable regulatory authorities.