The Federal Bank has informed that, as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotment have been made after payment of money by the allottees: Allotment of 8,79,616 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 on May 20, 2024.
The above information is a part of company’s filings submitted to BSE.