The Federal Bank has informed that as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotment have been made after payment of money by the allottees: 1. Allotment of 2,51,864 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 July 29, 2024.
The above information is a part of company’s filings submitted to BSE.