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
Assam Tragedy: 7 Wild Elephants Killed After Being Hit By Sairang Rajdhani Express, Causing Derailment; Safety Lapses Under Scrutiny | VIDEO
Nora Fatehi Meets With A Road Accident In Mumbai While Heading For Sunburn Festival 2025, Suffers Concussion
Navi Mumbai Civic Elections 2026: NMMC Removes Over 1,000 Unauthorised Banners As Model Code Enforcement Intensifies
Ayush Doctor Nusrat Parveen Skips Joining Duty In Patna A Day After Hijab Row Sparks Political Controversy
The shares of Federal Bank on Tuesday at 3:30pm IST were at Rs 123.50, up by 1.81 percent.
