With the Nomination, Remuneration, Ethics and Compensation Committee lending its approval, Federal Bank has allotted 1,34,876 equity shares under two separate Employee Stock Option Schemes yesterday, that is, on 11 January, 2026.
While 1,800 shares were allotted under ESOS 2010, 1,33,076 shares were allotted under ESOS 2017, at a face value of Rs 2 per share. The allotment was made to option grantees upon exercise of stock options and payment of the consideration as per requirement.
The National Stock Exchange (NSE) has been informed of the allotment along with BSE Limited in accordance with regulatory requirements under Regulation 30. Samir P Rajdev , company secretary, Federal Bank, has reportedly put his digital signature to the formal/ official announcement made on 11 January, 2026.
The exercise of stock options under these schemes involves the conversion of employee stock options into equity shares. As a result employees obtain ownership stakes in the Bank once they fulfil the necessary conditions and pay as required.
Going beyond being just a locally trusted bank to a national brand with better global presence, a week ago, Federal Bank also launched a fresh brand identity with its new Fortuna Wave logo. The visual transformation is expected to strike a balance between the legacy trust and modern digital-first stand. The renewed logo was launched in Mumbai recently in the presence of the leadership and Vidya Balan, the Bank’s brand ambassador.
