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Published on 18/07/2019 12:12:00 PM | Source: Dion Global Solutions Ltd

Federal Bank allots 12,94,075 Equity Shares of Rs 2 each

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Federal Bank Limited said in a filing to BSE that the Nomination, Remuneration, Ethics and Compensation Committee, has approved the allotment of 12,94,075 (Twelve lakh ninety four thousand and seventy five) Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees has been made upon exercise of stock options under ESOS 2010 Scheme for which allottees have paid money.