According to an exchange filing, Federal Bank has allotted 1,51,209 equity shares with a face value of Rs 2 each for its employees.
The shares have been issued after they exercised stop options given to them under two separate schemes.
(To receive our E-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)
