Fedbank Financial Services Limited — Board Meeting, 24-01-2025: Outcome of Board Meeting

The Board of Directors has approved the unaudited financial results for the quarter ended December 31, 2024, reflecting total revenue from operations of ₹533.05 crore and a net profit of ₹18.76 crore. Additionally, Mr. Muralidharan Rajamani has been appointed as an Additional Independent Director for a term of five years, pending shareholder approval. The management has also accepted the resignation of Mr. Ramchandar Ragavendran, with Mr. Kunnath Sureshkumar taking on additional responsibilities to ensure business continuity.