Federal Bank has informed that as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the allotment have been made after payment of money by the allottees: Allotment of 2,41,096 (Two lakh forty-one thousand ninety-six 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 August 28, 2024.
The above information is a part of company’s filings submitted to BSE.