Fedbank Financial Services Limited has secured shareholder approval to enter into material related party transactions with its holding company, Federal Bank Limited, for the financial year 2026-27. The resolution was passed via remote e-voting, concluding on June 09, 2026, with an overwhelming majority in favour. This approval authorizes the company to proceed with specific transactions involving the parent entity during the specified financial period.

The postal ballot process sought member consent for the ordinary resolution regarding these transactions. Dinesh Kumar Deora, Partner of DM & Associates Company Secretaries LLP, served as the scrutinizer for the voting process. The remote e-voting period commenced on May 11, 2026, and concluded on June 09, 2026, facilitating participation from eligible shareholders whose names appeared on the register of members as on May 05, 2026.

A total of 70,758,778 votes were cast, representing approximately 18.91% of the total outstanding shares. The resolution received strong support across key shareholder categories, with public institutions and public non-institutions voting predominantly in favour. The detailed voting outcomes are summarized below:

The scrutinizer's report certified that the ordinary resolution was passed with the requisite majority. Specifically, 99.97% of the valid votes cast were in favour of the resolution, while 0.03% were against it. The results were declared on June 10, 2026, following the submission of the scrutinizer's report, confirming the approval of the transactions for the upcoming financial year.

Fedbank Financial Services Limited conducted a series of investor meetings on June 09, 2026, in Mumbai to engage with various market participants. The sessions commenced at 10:05 AM and concluded at 4:55 PM, covering discussions with multiple institutional investors and fund managers. The company confirmed that no unpublished price sensitive information was shared during these interactions.

The meetings were held pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Participants included representatives from asset management companies, investment advisory firms, and institutional investors. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited.

The investor interactions were categorized into group meetings and one-on-one sessions. The group meetings featured participants such as Chrys Capital, FLC Investco LLC, Groww Mutual Fund, and Boring AMC. Another group session included ENAM Holding, Equentis Wealth Advisory, Karma Capital, and PGIM India, among others. A third group meeting was attended by Bajaj Alternatives, Capri Global Capital Limited, and Union Asset Management.

One-on-one meetings were conducted with East Bridge Advisors, Dymon Asia Capital, and Nomura Asset Management. The complete list of participants has been uploaded to the company's website.

List of Participants