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Federal Bank allots equity shares

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Capital Market

Under ESOS

Federal Bank announced that as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, MD & CEO has allotted 1,04,360 (One lakh four thousand three hundred and sixty only) Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under the Bank's Employee Stock Option Scheme, 2010.

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First Published: Oct 30 2014 | 1:21 PM IST

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