Federal Bank Allots Equity Shares to Employees As Stock Option

Federal Bank Allots Equity Shares to Employees As Stock Option

The ESOS 2010 and ESOS 2017 has a face value of Rs 2 each.

FPJ Web DeskUpdated: Tuesday, June 06, 2023, 06:34 PM IST
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As per the regulatory filings, Federal bank today announced the allotment of 1,78,250 to employees as stock option.

The allotment of 9,700 Equity Shares with face value of Rs. 2 each was given under ESOS 2010 Scheme while the allotment of 1,68,550 Equity Shares with face value of Rs. 2 was given under ESOS 2017 Scheme.

The ESOS 2010 and ESOS 2017 has a face value of Rs 2 each.

Federal Bank Ltd Shares

The shares of Federal bank on Tuesday at 3:30pm IST were at Rs 126, down by 1.02 per cent.

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