Federal Bank Allots 1,85,758 Equity Shares Under ESOP Schemes

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has allotted 1,85,758 equity shares (face value ₹2 each) under its ESOS 2010 and ESOS 2017 plans. The allotment—approved by the Nomination, Remuneration, Ethics & Compensation Committee—follows full payment by the grantees, further strengthening employee ownership within the bank.