Federal Bank’s Employees Turn Shareholders as Bank Issues 1.08 Lakh New Shares

Mumbai: Private sector lender Federal Bank Ltd. has allotted 1,08,461 equity shares following the exercise of stock options by its employees under its Employee Stock Option Schemes, according to a regulatory filing made with stock exchanges on December 28, 2025.

The allotment was approved by the bank’s Nomination, Remuneration, Ethics and Compensation Committee after receipt of the exercise consideration from the eligible employees.

As per the filing, the bank issued:

• 2,682 equity shares of face value ₹2 each under the ESOS 2010 Scheme, and

• 1,05,779 equity shares of face value ₹2 each under the ESOS 2017 Scheme,

both on December 28, 2025.

Following the allotment, the newly issued shares will rank pari passu with the existing equity shares of the bank.

The move reflects continued employee participation in the bank’s equity-linked incentive programmes, aligning staff interests with long-term shareholder value creation.