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Federal Bank allots equity shares

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Capital Market

Under ESOP

Federal Bank announced that as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, allotment of 5,19,650 (Five lakh nineteen thousand six hundred and fifty only) 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.

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First Published: Nov 18 2016 | 6:00 PM IST

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