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Federal Bank Ltd. Announces Equity Share Allotment Under ESOS

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Federal Bank Ltd. Announces Equity Share Allotment Under ESOS

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An announcement from Federal Bank Ltd. (India) ( (IN:FEDERALBNK) ) is now available.

Federal Bank Ltd. has announced the allotment of 65,131 equity shares with a face value of Rs. 2 each to option grantees as part of their Employee Stock Option Scheme (ESOS) 2017. This move highlights the bank’s ongoing commitment to its employee incentive programs, potentially enhancing staff motivation and aligning employee interests with organizational goals.

More about Federal Bank Ltd. (India)

Federal Bank Ltd. is an Indian financial institution operating in the banking industry. The bank primarily offers a range of banking and financial services, serving both retail and corporate customers across India.

YTD Price Performance: -9.60%

Average Trading Volume: 242,203

Current Market Cap: 438.8B INR

For an in-depth examination of FEDERALBNK stock, go to TipRanks’ Stock Analysis page.

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