On November 2, 2025, Federal Bank Ltd. announced the allotment of 398,444 equity shares following the exercise of stock options under its Employee Stock Option Schemes (ESOS). Specifically, 9,220 shares were allocated under the ESOS 2010 Scheme, while a significant portion of 389,224 shares was allotted under the ESOS 2017 Scheme. Each share has a face value of Rs. 2, reflecting the bank's ongoing commitment to incentivizing its employees through stock ownership.
This allotment was approved by the Nomination, Remuneration, Ethics, and Compensation Committee and highlights the bank's strategy to enhance employee engagement and retention. The exercise of stock options not only aligns employee interests with shareholder value but also reinforces Federal Bank's efforts to foster a motivated workforce. The announcement was communicated to both the National Stock Exchange of India and BSE Limited, marking a significant update for investors and stakeholders.