Federal Bank has informed that as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, MD & CEO has allotted 34,920 (thirty four thousand nine hundred and twenty only) Equity Shares with face value of Rs. 2 each of the Bank to the Option Grantees upon exercise of stock options under the Bank?s Employee Stock Option Scheme, 2010.
The above information is a part of company’s filings submitted to BSE.