Fedbank Financial Services Limited — Others, 09-05-2025: Shareholders meeting

Fedbank Financial Services has announced a postal ballot to seek shareholder approval for material related-party transactions with its holding company, Federal Bank, involving loans, advances, debt issuance up to Rs. 1,500 Cr, securitization up to Rs. 1,000 Cr, sales and collection services worth Rs. 50 Cr, fixed deposit placements up to Rs. 200 Cr, hedging contracts up to Rs. 200 Cr, and routine dealings like brand royalty and banking services. These transactions, conducted at arm’s length and as part of regular business, aim to optimize Federal Bank’s resources and operational efficiency.