Federal Bank informs about allotment under ESOS

28 Aug 2024 Evaluate
Federal Bank has informed that as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the allotment have been made after payment of money by the allottees: Allotment of 2,41,096 (Two lakh forty-one thousand ninety-six only) 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 August 28, 2024.

The above information is a part of company’s filings submitted to BSE.

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