The Federal Bank informs about allotment of equity shares
The Federal Bank has informed that as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotments have been made after payment of money by the allottees: 1. Allotment of 7,050 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2010 Scheme on February 23, 2026. 2. Allotment of 4,11,856 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2017 Scheme on February 23, 2026.
The above information is a part of company’s filings submitted to BSE.
