Federal Bank allots 1,42,954 shares under ESOS scheme

1,400 shares were allocated under the company's ESOS 2010 Scheme and 1,41,554 shares were allocated under the ESOS 2017 Scheme.

FPJ Web DeskUpdated: Monday, March 20, 2023, 04:56 PM IST

Federal Bank allots 1,42,954 shares under ESOS scheme | Image: Federal Bank (Representative)

The Nomination, Remuneration, Ethics and Compensation Committee of Federal Bank on Monday allotts 1,42,954 equity shares with face value of Rs 2 to employees as stock options, the bank announced through an exchange filing. 1,400 shares were allocated under the company's ESOS 2010 Scheme and 1,41,554 shares were allocated under the ESOS 2017 Scheme.

Federal Bank to issue NCDs

Federal Bank on March 18, announced the issuance of NCDs worth Rs 1,000 crore.

Federal Bank allots 1,42,954 shares under ESOS scheme

1,400 shares were allocated under the company's ESOS 2010 Scheme and 1,41,554 shares were allocated under the ESOS 2017 Scheme.

RECENT STORIES

Gold Hits Record Highs, Profit-Taking Likely As Markets Eye Inflation Data & ECB Meet

GST 2.0 Makes Shopping Cheaper, These 5 Credit Cards Will Double Your Joy

OYO’s Parent Company Gets A New Name, Will Hotel Bookings Be Affected?

Tata Motors To Fully Pass On GST Rate Cut Benefits To Commercial Vehicle Buyers From Sept 22, With...

From Hotel Booking To Flight Booking, New GST Rates Make Travel Cheaper; Just Follow These Tips