Federal Bank Ltd allots 245112 Shares under ESOS 2010

The Nomination, Remuneration, Ethics and Compensation Committee, MD & CEO has allotted 2,45,112 (Two lakh forty five thousand one hundred and twelve 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.132 as compared to the previous close of Rs. 131.9. The total number of shares traded during the day was 135064 in over 6194 trades.

The stock hit an intraday high of Rs. 134.05 and intraday low of 129.8. The net turnover during the day was Rs. 17867089.

Source : Equity Bulls

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