Bank Allots New Equity Shares to Employees
The Federal Bank Limited · FEDERALBNK · NSE ·
The bank has allotted **4,74,994** new equity shares with a face value of ₹2 each. This action follows the exercise of stock options by employees under various Employee Stock Option Schemes (ESOS/ESIS). The allotment increases the bank's total paid-up share capital, resulting in…