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The Federal Bank Limited — Updates, 24-10-2025: General Updates
24-10-2025 | 09:44 am
24-10-2025 | 09:44 am
Federal Bank's Board approved issuing 27.29 Cr warrants via preferential issue to Asia II Topco XIII Pte. Ltd. at Rs. 227 each, raising ₹6,196.51 Cr. The investor gains a right to nominate a director post-warrant conversion and holding 5% equity. Shareholders will vote on this.
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