Federal Bank on Tuesday allots 1,17,680 equity shares to employees as stock options approved by the Nomination, Remuneration, Ethics and Compensation Committee, the company announced through an exchange filing.
The allotment of 3,000 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 and allotment of 1,14,680 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.
The face value of the equity shares will be Rs 2 each.
Federal Bank shares
Tamil Nadu News: 'Shaken Beyond Words’, CM MK Stalin Calls For Ending Horror In Gaza
'Don't Ever Take Job In BKC', Frustrated Mumbai Corporate Takes Dig At 'Failed' Transport Options; Netizens Agree
World Athletics Championships 2025 Live Updates: Neeraj Chopra Crashes Out After 3rd Consecutive Fouled Attempt
Tulsa King Season 3 OTT Release Date: When & Where To Watch Sylvester Stallone's Latest Crime Drama Series
The shares of Federal Bank on Tuesday at 3:30pm IST were at Rs 123.50, up by 1.81 percent.
