The Federal Bank has informed that, as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotments have been made after payment of money by the allottees: Allotment of 15,571 Equity Shares with face value of Rs 2 each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2010 Scheme on February 17, 2022 and Allotment of 23,313 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 February 17, 2022.
The above information is a part of company’s filings submitted to BSE.
