Federal Bank Allots 1.99 Lakh Equity Shares Under Employee Stock Option Schemes

Federal Bank has approved the allotment of 1,99,166 equity shares to employees under its stock option schemes. The allotment includes 12,045 shares under ESOS 2010 and 187,121 shares under ESOS 2017, each with a face value of Rs. 2.00. The bank's Nomination, Remuneration, Ethics and Compensation Committee approved this on November 15, 2025. The move is part of Federal Bank's employee incentive program, aiming to align employee interests with shareholders and promote long-term value creation. The bank will take steps to list the newly allotted shares on relevant stock exchanges.