Fedbank Financial Services promoter holds 60.79% stake, nil encumbrance

Federal Bank Ltd, the promoter of fedbank financial services , has confirmed that it holds 22,74,71,046 shares, representing a 60.79% stake in the company as on March 31, 2026. The bank disclosed that none of these shares were encumbered or pledged during the financial year ended March 31, 2026. This declaration ensures that the promoter's holding remains free from any lien or charge, which is a key compliance requirement under securities regulations.

The disclosure was submitted to the Bombay Stock Exchange and the National Stock Exchange of India Ltd on April 8, 2026. The communication was addressed to the Corporate Relation Department of the BSE and the Listing Department of the NSE, as well as the Chairman of the Audit Committee of Fedbank Financial Services. The filing was made in compliance with Regulation 31 (4) and (5) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Shareholding Details

The filing provides a specific breakdown of the promoter's holding status as of the close of the financial year. The table below summarizes the key figures disclosed by Federal Bank Ltd.

Parameter	Details
Total shares held	22,74,71,046
Percentage of total shareholding	60.79%
Shares encumbered or pledged	Nil
Reference date	March 31, 2026

Samir P Rajdev, Company Secretary of The Federal Bank Limited, signed the disclosure digitally on April 8, 2026. The confirmation explicitly states that there has been no direct or indirect encumbrance of shares by the promoter or the promoter group during the specified period. A copy of the letter was also marked to Fedbank Financial Services for its records.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.57%	-5.71%	+0.30%	+7.52%	+33.35%	+8.94%

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:

Shareholder Category	Votes Polled	Votes In Favour	Votes Against	% In Favour
Promoter and Promoter Group	0	0	0	0.00
Public-Institutions	69,340,156	69,340,156	0	100.00
Public-Non Institutions	1,418,622	1,400,510	18,112	98.72
Total	70,758,778	70,740,666	18,112	99.97

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.