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: Allotment of 1,73,834 (One lakh seventy-three thousand eight hundred thirty-four 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 January 21, 2025.
The above information is a part of company’s filings submitted to BSE.
