Federal Bank Ltd allots 165465 Shares under ESOS 2010

The Nomination, Remuneration, Ethics and Compensation Committee, MD & CEO has allotted 1,65,465 (One lakh sixty five thousand four hundred and sixty five 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.127.75 as compared to the previous close of Rs. 127.95. The total number of shares traded during the day was 132837 in over 2597 trades.

The stock hit an intraday high of Rs. 128.9 and intraday low of 127.05. The net turnover during the day was Rs. 16984987.

Source : Equity Bulls

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