ALPHA TRIBE

The Federal Bank LimitedBoard Meeting, 24-10-2025: Outcome of Board Meeting

24-10-2025 | 09:10 am

Federal Bank's board approved issuing up to 27.29 crore warrants to Asia II Topco XIII Pte. Ltd. for ₹6,196.51 Cr. This move, awaiting shareholder vote at a Nov 19 EGM, also grants the investor a right to nominate a board director post-conversion if they hold 5% equity.

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