The block deal constitutes 0.35% of Federal Bank's equity.
Meanwhile, the S&P BSE Sensex was down 271.17 points or 1.39% at 19,169.90.
On BSE, 6.52 lakh shares were traded in the counter as against average daily volume of 72,856 shares in the past one quarter.
The stock hit a high of Rs 441.40 and a low of Rs 426.30 so far during the day. The stock had hit a 52-week low of Rs 392 on 26 July 2012. The stock had hit a record high of Rs 550.75 on 2 January 2013.
The stock had outperformed the market over the past one month till 10 June 2013, declining 3.07% compared with the Sensex's 3.19% slide. The scrip had, however, underperformed the market in past one quarter, falling 10.35% as against Sensex's 1.23% slide.
The mid-cap bank has equity capital of Rs 171.06 crore. Face value per share is Rs 10.
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Federal Bank's net profit declined 6.6% to Rs 221.94 crore on 8.6% growth in total income to Rs 1780.31 crore in Q4 March 2013 over Q4 March 2012.
Federal Bank's total branch network stood at 1103 branches as on 31 March 2013. The bank has 1187 ATMs as at 31 March 2013.
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