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Fedbank Financial Services Ltd. ( (IN:FEDFINA) ) has provided an announcement.
Fedbank Financial Services Limited has announced the allotment of 67,400 equity shares following the exercise of stock options by its employees under the company’s 2018 Employee Stock Option Scheme. This move increases the company’s paid-up share capital, with the newly allotted shares ranking equally with existing shares, indicating a positive step in employee engagement and capital structure enhancement.
More about Fedbank Financial Services Ltd.
Fedbank Financial Services Limited operates in the financial services industry, offering a range of financial products and services. The company focuses on providing financial solutions and services to its clients, leveraging its expertise in the sector.
Average Trading Volume: 101,156
Technical Sentiment Signal: Buy
Current Market Cap: 57.1B INR
See more insights into FEDFINA stock on TipRanks’ Stock Analysis page.