Fedbank Financial Services Limited has clarified to stock exchanges that the requirements under SEBI's recent circular regarding special windows for physical share transfer and dematerialisation are not applicable to the company. The clarification was made through a communication dated March 16, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited.

Current Shareholding Structure

The company informed exchanges that its entire equity shareholding is presently held in dematerialised form, with a single exception. Only one shareholder currently holds physical shares after specifically requesting rematerialisation from DEMAT mode to physical form.

SEBI Circular Requirements

Pursuant to SEBI Circular Ref. No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, companies are required to open special windows for transfer and dematerialisation of physical shares. However, the company clarified that these requirements apply only where physical shareholders exist to whom the dematerialisation and transfer window is applicable.

Listing and Historical Context

Fedbank Financial Services was listed on BSE Limited and National Stock Exchange of India Limited on November 30, 2023, with 100% DEMAT shareholding at the time of listing. The company noted that no share transfer requests were lodged prior to 2019, which further supports its position regarding the non-applicability of the SEBI circular requirements.

Regulatory Compliance

Based on the current shareholding structure and historical transfer activity, the company has determined that the newspaper publication and reporting requirements prescribed under the SEBI circular are not applicable. The clarification was signed by Parthasarathy Iyengar, Company Secretary and Compliance Officer, and submitted to both exchanges for information and record purposes.

This regulatory clarification demonstrates the company's proactive approach to compliance and transparency in communicating with stock exchanges regarding applicable regulatory requirements.

Fedbank Financial Services Limited conducted an investor meeting on March 13, 2026 through video conference, as disclosed to stock exchanges under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was held from 04:05 PM to 04:55 PM with participation from institutional investors.

Meeting Details and Compliance

The company's representatives participated in the investor meeting following their earlier communication dated March 10, 2026. Company Secretary and Compliance Officer Parthasarathy Iyengar confirmed that no unpublished price sensitive information was shared during the meeting, ensuring adherence to regulatory requirements.

Institutional Participants

The investor meeting witnessed participation from six institutional entities, demonstrating continued investor interest in the company's operations and performance.

Regulatory Disclosure

The meeting details have been uploaded on the company's website at www.fedfina.com for public access. This disclosure fulfills the company's obligations under SEBI regulations for transparency in investor communications. The company emphasized that all discussions remained within the bounds of publicly available information, maintaining market integrity and fair disclosure practices.