Federal Bank has informed that as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotments have been made after payment of money by the allottees: Allotment of 3,71,787 (Three lakh seventy-one thousand seven hundred and eighty-seven 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 April 06, 2024.
The above information is a part of company’s filings submitted to BSE.
