The Federal Bank Ltd has issued a Postal Ballot notice for shareholder approval of three resolutions. These include the re-appointment of Mr. Harsh Dugar as Executive Director and the payment of FY 2024-25 variable pay to former MD & CEO Mr. Shyam Srinivasan and former Executive Director Ms. Shalini Warrier. Voting ends on June 04, 2026.
Federal Bank has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Harsh Dugar as Executive Director. The bank also proposes variable pay cash components totaling ₹1.02 Crore for former MD & CEO Mr. Shyam Srinivasan and former ED Ms. Shalini Warrier. Voting will occur electronically between May 6 and June 4, 2026.
Federal Bank Ltd has executed a deed of assignment with Standard Chartered Bank, India to acquire its select retail credit card portfolio. The transaction involves migrating identified cardholders to Federal Bank. This strategic acquisition expands the bank's retail credit card footprint.
The Federal Bank Limited allotted 3,96,119 equity shares on May 03, 2026, following the exercise of stock options under its ESOS 2010 and 2017 schemes. This exercise increased the bank's paid-up share capital from ₹492.95 Crore to ₹493.03 Crore.
Federal Bank Limited allotted 3,96,119 equity shares on May 03, 2026, following the exercise of stock options. The allotment includes 21,875 shares under the ESOS 2010 scheme and 3,74,244 shares under the ESOS 2017 scheme. This routine exercise of employee stock options increases the bank's paid-up equity capital.
Federal Bank Limited submitted its quarterly disclosure for the period ended March 31, 2026, confirming Mr. Samir P Rajdev as the Compliance Officer. This filing is a routine SEBI compliance requirement under Regulation 6(1) of the Listing Regulations and contains no material changes to the bank's leadership or operations.
Federal Bank's Board approved the acquisition of a select retail credit card portfolio from Standard Chartered Bank, India. The transaction will be executed via a deed of assignment. This strategic move expands Federal Bank's unsecured retail footprint. Further updates on the execution timeline will follow.
Federal Bank disclosed details of interest payments totalling ₹261.76 Crore for three series of non-convertible debentures during FY 2025-26. The filing confirms timely payments for ISINs INE171A08057, INE171A08032, and INE171A08040, in compliance with SEBI's centralized database norms for corporate bonds.
The Federal Bank Limited appointed Manikandan M as Chief Financial Officer effective May 1, 2026. He succeeds Venkatraman Venkateswaran, who will be relieved from the role on April 30, 2026. Manikandan, a Chartered Accountant with 12 years of experience, currently heads the bank's Financial Reporting Department.
The Federal Bank Limited announced a senior leadership transition, appointing Mr. Manikandan M as Chief Financial Officer effective May 1, 2026. He succeeds Mr. Venkatraman Venkateswaran, who will be relieved on April 30, 2026. Mr. Manikandan, currently the bank's Head of Financial Reporting, brings over 12 years of banking experience to the role.
Federal Bank appointed Mr. Manikandan M as CFO effective May 01, 2026. He succeeds Mr. Venkatraman Venkateswaran, who will be relieved from the CFO role on April 30, 2026, while continuing as Executive Director. Mr. Manikandan, currently Head of Financial Reporting, brings over 12 years of banking experience to the position.
Federal Bank reported a record quarterly net profit of ₹1,259.10 crore for Q4 FY26, up 20.93% sequentially. Key milestones include NR and CASA deposits both crossing the ₹1 lakh crore mark. The bank also expanded its network by adding 39 new branches during the quarter while achieving record low GNPA and NNPA levels.
The Federal Bank Limited confirmed the full utilisation of ₹3,195 Crore raised through non-convertible securities as of March 31, 2026. The bank reported no material deviations in the use of proceeds across three separate private placements issued between 2022 and 2024.
Federal Bank approved standalone annual net profits of ₹4,117.32 Crore for FY 2025-26. The Board recommended a final dividend of ₹1.20 per equity share (60%). The bank maintained strong asset quality with a Net NPA of 0.20% and a Capital Adequacy Ratio of 17.25% under Basel III norms.
The Federal Bank Limited allotted 1,24,203 equity shares on April 27, 2026, following the exercise of stock options. This includes 1,000 shares under the ESOS 2010 scheme and 1,23,203 shares under the ESOS 2017 scheme.
The Federal Bank Limited allotted 1,24,203 equity shares on April 27, 2026, following the exercise of stock options under its ESOS 2010 and 2017 schemes. This allotment increases the bank's paid-up share capital from 2,46,46,20,946 to 2,46,47,45,149 equity shares.
The Federal Bank Limited allotted 62,111 equity shares of ₹2 each on April 20, 2026, following the exercise of stock options under its ESOS 2017 Scheme. This increases the bank's paid-up share capital to ₹492.92 Crore.
Federal Bank Limited allotted 62,111 equity shares on April 20, 2026, following the exercise of stock options under its ESOS 2017 Scheme. The shares have a face value of Rs. 2/- each. This routine allotment increases the bank's paid-up capital base.
The Federal Bank Limited submitted its half-yearly statement of debt securities for the period ended March 31, 2026. The bank reported three outstanding private placement tranches totalling ₹3195.0 Crore. This disclosure is a routine regulatory requirement under SEBI Master Circulars for listed debt securities.
Federal Bank allotted 2,76,479 equity shares on April 13, 2026, following the exercise of stock options. This includes 3,625 shares under ESOS 2010 and 2,72,854 shares under ESOS 2017. The allotment follows payment by the allottees and complies with the bank's employee stock option schemes.
Federal Bank Limited submitted its quarterly compliance certificate for the period ended March 31, 2026, regarding the dematerialisation of securities. The Registrar and Transfer Agent confirmed that security certificates received were processed, mutilated, and cancelled as per SEBI regulations.