NewsCorporate ActionsFederal Bank Allots 1,12,883 Equity Shares Under Employee Stock Option SchemesFederal Bank Allots 1,12,883 Equity Shares Under Employee Stock Option Schemes
Federal Bank completed allotment of 1,12,883 equity shares to employees under two ESOS schemes on January 04, 2026, with committee approval. The allotment comprised 650 shares under ESOS 2010 and 1,12,233 shares under ESOS 2017, each with ₹2.00 face value, demonstrating the bank's commitment to employee equity participation.
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Federal Bank Limited has completed the allotment of 1,12,883 equity shares to option grantees under its Employee Stock Option Schemes (ESOS) on January 04, 2026. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee following payment of money by the allottees.
Allotment Details
The bank executed two separate allotments under different ESOS schemes, demonstrating continued employee participation in equity-based compensation programs:
| Scheme: | Shares Allotted | Face Value | Allotment Date |
|---|---|---|---|
| ESOS 2010 Scheme: | 650 shares | ₹2.00 per share | January 04, 2026 |
| ESOS 2017 Scheme: | 1,12,233 shares | ₹2.00 per share | January 04, 2026 |
| Total Allotment: | 1,12,883 shares | ₹2.00 per share | January 04, 2026 |
Regulatory Compliance and Authorization
The allotment process followed proper regulatory protocols with formal notification to stock exchanges. The bank communicated the development to both National Stock Exchange of India Limited and BSE Limited under reference number SEC/ESOS/360/2025-26.
| Parameter: | Details |
|---|---|
| NSE Scrip Symbol: | FEDERALBNK |
| BSE Scrip Code: | 500469 |
| Authorizing Committee: | Nomination, Remuneration, Ethics and Compensation Committee |
| Company Secretary: | Samir P Rajdev |
Employee Stock Option Framework
The Federal Bank operates multiple ESOS schemes as part of its employee retention and motivation strategy. The ESOS 2010 and ESOS 2017 schemes provide employees with opportunities to acquire equity stakes in the bank, aligning their interests with long-term organizational performance.
The allotment represents the exercise of stock options by eligible employees who have met the requisite vesting conditions and made the necessary payments as per scheme guidelines. Each allotted equity share carries a face value of ₹2.00, reflecting the bank's standard equity structure.
Strategic Significance
This equity allotment underscores Federal Bank's commitment to employee participation in the bank's growth trajectory. The ESOS framework serves as a key component of the bank's human resource strategy, providing employees with direct ownership stakes and fostering long-term commitment to organizational success.
The formal notification to stock exchanges ensures transparency and compliance with listing regulations, maintaining the bank's adherence to corporate governance standards in employee compensation matters.
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