Federal Bank shareholders have approved the re-appointment of Mr. Harsh Dugar as a Whole-time Director designated as an Executive Director. The postal ballot also sanctioned the payment of variable cash components to former Managing Director & CEO Mr. Shyam Srinivasan and former Executive Director Ms. Shalini Warriar for FY 2024-25. The resolutions were passed through remote e-voting on June 04, 2026, pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The remote e-voting facility commenced on May 06, 2026, and concluded on June 04, 2026. A total of 8,46,956 shareholders were on the record date of April 30, 2026. The Scrutinizer, CS Puzhankara Sivakumar of SEP & Associates, validated the voting process, confirming that all three ordinary resolutions received the requisite majority.

Voting Results

The re-appointment of Mr. Harsh Dugar secured 99.0419% of the total valid votes cast. The resolution regarding variable pay for Mr. Shyam Srinivasan received 99.9833% approval, while the resolution for Ms. Shalini Warriar obtained 99.9830% support. The detailed voting patterns are summarised below:

Procedural Details

The Postal Ballot Notice was dispatched electronically on April 29, 2026, to members whose email IDs were registered with the depositories. The notice was also published in the Financial Express and Deepika newspapers. The votes were unblocked in the presence of two witnesses not employed by the bank. The report of the Scrutinizer was submitted to the Managing Director & CEO, Mr. Krishnan Venkat Subramanian, on June 04, 2026.

Federal Bank engaged with four investors on June 03, 2026, during the BofA India Conference 2026 held in Mumbai. These meetings were conducted pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III of the Regulations. The interactions provided a platform for the bank to connect with institutional investors without making any formal presentations.

Investor Meeting Details

The meetings were physical in nature and involved participation from various global and domestic investment firms. The following table provides details of the investors who met with the bank's management:

Regulatory Disclosure

The intimation regarding these meetings was submitted to the exchanges on June 03, 2026. The disclosure referenced the bank's previous letter dated May 25, 2026. The company confirmed that no presentations were made during the meetings, adhering to the regulatory framework for such interactions.