The Federal Bank Limited
The Federal Bank Limited was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail and corporate banking, para banking activities such as debit card, third party product distribution etc., treasury and foreign exchange business..It is the second-largest bank and the largest private sector bank in Kerala
What The files
- Investor Meet143
- Updates81
- Others57
- Important11
- Board Meeting7
- PPTs5
Federal Bank allotted 143,887 new equity shares (Rs 2/- face value) to employees exercising stock options under its ESOP schemes. This routine corporate action results in minor equity dilution.
Federal Bank addressed media buzz about a potential Jana SFB deal. They confirmed evaluating growth opportunities but stated no material event requires disclosure, clarifying market speculation.
Federal Bank allotted 114,031 new equity shares (face value Rs. 2 each) to employees. These shares were issued upon the exercise of stock options under existing employee incentive schemes, slightly increasing the bank's share capital.
Federal Bank shareholders re-approved MD & CEO Mr. Krishnan Venkat Subramanian, re-appointed Mr. Sankarshan Basu as Independent Director for a second term, and appointed Price Waterhouse LLP & K. S. Aiyar & Co. as Joint Statutory Auditors.
Federal Bank allotted 1,43,671 new equity shares to employees who exercised their stock options under ESOS and ESIS schemes. This increases the total outstanding shares.