Federal Bank Allots 1,77,242 Equity Shares Under Employee Stock Option Scheme

Federal bank has successfully completed the allotment of equity shares under its Employee Stock Option Scheme, marking another milestone in its employee compensation program. The bank executed the share allotment on February 28, 2026, following proper regulatory procedures and committee approvals. Share Allotment Details The bank's Nomination, Remuneration, Ethics and Compensation Committee approved the allotment of equity shares to eligible employees under the ESOS 2017 scheme. The allotment was completed after the option grantees made the required payments for exercising their stock options. Parameter: Details Shares Allotted: 1,77,242 equity shares Face Value: Rs. 2 per share Scheme: ESOS 2017 Allotment Date: February 28, 2026 Regulatory Compliance Federal Bank has notified both major stock exchanges about this corporate action. The bank sent official communications to the National Stock Exchange of India Limited and BSE Limited, ensuring full compliance with listing requirements and transparency norms. Employee Stock Option Scheme Framework The allotment represents the exercise of stock options by employees under the bank's ESOS 2017 scheme. This employee compensation mechanism allows eligible staff members to purchase company shares at predetermined prices, aligning employee interests with shareholder value creation. The completion of this allotment process demonstrates the bank's commitment to its structured employee compensation programs and adherence to corporate governance standards. Company Secretary Samir P Rajdev signed the official communication digitally, confirming the bank's compliance with regulatory notification requirements. Federal Bank is set to learn its fate regarding potential inclusion in the MSCI February rejig today, with the announcement scheduled for 3pm. The bank finds itself in a borderline position for inclusion, with significant financial implications at stake. MSCI Rejig Details The potential inclusion carries substantial value for the banking institution: Parameter: Value Inclusion Value (USD): 454M Inclusion Value (INR): Rs 41.3B Announcement Time: 3pm today Rejig Period: February Status: Borderline inclusion Market Implications The MSCI rejig represents a critical juncture for Federal Bank, as inclusion in MSCI indices typically leads to increased foreign institutional investment. The borderline status indicates that the bank meets most criteria but may be subject to final evaluation parameters that will determine its inclusion or exclusion from the index. Timeline and Next Steps With the announcement scheduled for 3pm today, market participants and investors will be closely monitoring the outcome. The USD 454M valuation attached to the potential inclusion reflects the significant impact such a decision could have on the bank's market positioning and investor base. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.