Federal Bank Ltd allots 235829 Shares under ESOS 2010

The Nomination, Remuneration, Ethics and Compensation Committee, MD & CEO has allotted 2,35,829 (Two lakh thirty five thousand eight hundred and twenty nine only) Equity Shares with face value of Rs. 2/- each of Federal Bank Ltd to the Option Grantees upon exercise of stock options under the Bank's Employee Stock Option Scheme, 2010.

Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.145.7 as compared to the previous close of Rs. 142.05. The total number of shares traded during the day was 232057 in over 3573 trades.

The stock hit an intraday high of Rs. 148 and intraday low of 142.8. The net turnover during the day was Rs. 33747216.

Source : Equity Bulls

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