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Federal Bank informs about allotment of equity shares under ESOP

03 Mar 2018 Evaluate

Federal Bank has informed that as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, allotment of 1,562,459 Equity Shares with face value of Rs 2 each of the Bank to the Option Grantees has been made upon exercise of stock options under ESOS 2010 Scheme for which allottees have paid money.

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

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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