Federal Bank has scheduled its 95th Annual General Meeting (AGM) for Friday, August 21, 2026, at 11:00 a.m. IST. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs (MCA) Circular No. 03/2025 and SEBI regulations. The Board of Directors has recommended a final dividend of ₹1.20 per equity share for the financial year ended March 31, 2026, which requires shareholder approval at the AGM.

The cut-off date for determining dividend eligibility is August 14, 2026. Once approved, the dividend will be paid electronically within 30 days of declaration. Dividends are taxable in the hands of shareholders under the Income Tax Act, 1961, and the bank will deduct tax at source (TDS) as applicable.

E-Voting and Participation Details

The bank is offering remote e-voting facilities to all shareholders through the NSDL e-voting platform. The voting window opens on Tuesday, August 18, 2026, at 9:00 a.m. IST and closes on Thursday, August 20, 2026, at 5:00 p.m. IST. Only shareholders recorded in the register of members or depositories as of the cut-off date of August 14, 2026 will be eligible to vote.

Key AGM Agenda Items

The 95th AGM carries several significant resolutions for shareholder consideration. The following table summarises the key business items:

New Joint Statutory Auditors

The incumbent auditors — M/s. Suri & Co. and M/s. M S K A & Associates — retire at the conclusion of the 95th AGM upon completion of their three-year term. The Board, based on the Audit Committee's recommendation and RBI approval received in May 2026, has proposed M/s. Price Waterhouse LLP and M/s. K. S. Aiyar & Co. as the new Joint Statutory Auditors. Price Waterhouse LLP, established in 1949, has 113 partners and 22 years of experience as Statutory Central Auditors for banks. K. S. Aiyar & Co., established in 1897, has 21 partners and 15 years of experience as Statutory Auditors for banks.

Leadership and Governance Resolutions

Shareholders will be asked to formally record the RBI's approval for Mr. Elias George's appointment as Part-Time Chairman, a role he assumed on May 23, 2026. Additionally, Mr. Sankarshan Basu, whose first term as Independent Director expires on September 30, 2026, is proposed for re-appointment for a second consecutive term of three years. The Board has confirmed that Mr. Basu meets all fit and proper criteria prescribed by the RBI and fulfils conditions of independence under the Companies Act, 2013 and SEBI Listing Regulations.

Bond Issuance Approval

The bank is seeking fresh member approval to raise up to ₹10,000 Crore through issuance of debt securities including AT1 bonds, Tier II bonds, long-term infrastructure and affordable housing bonds, Masala Bonds, and ESG bonds such as Green and Blue Bonds. This supersedes the previous approval of ₹6,000 Crore granted at the 94th AGM held on August 29, 2025, which remains valid until August 29, 2026.

Regulatory Compliance

The Integrated Annual Report and Notice of the 95th AGM have been dispatched electronically to registered email addresses. Physical copies will not be sent unless specifically requested. Documents are available on the bank's website at https://www.federal.bank.in/disclosures-to-shareholders , as well as on the BSE and NSE websites and the NSDL e-voting portal at www.evoting.nsdl.com . Shareholders who have not registered their email addresses are requested to do so immediately with their Depository Participants or the Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited.

federal bank has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, disclosing substantial growth in its sustainable finance initiatives and reduced exposure to high-carbon sectors. The filing, submitted under Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights that the bank’s green loan balance outstanding stood at ₹10,489 crore as of March 31, 2026. This progress supports the institution’s revised target of reaching ₹15,000 crore by March 2030, reflecting an enhanced commitment to sustainable lending amidst prudent risk management.

The report underscores a strategic shift away from fossil fuel dependencies, with coal-related sub-project exposures declining to 0.35% of gross advances, down significantly from a 3.49% baseline recorded in March 2021. The bank maintains a commitment to phase out coal-related exposure entirely by December 2030. In parallel, operational sustainability measures have advanced, with the total solar power generation capacity increasing to 570 kWp and rainwater harvesting storage capacity reaching 1,39,000 litres across various offices. Bureau Veritas Industrial Services (India) Pvt Ltd provided reasonable assurance on the BRSR Core Key Performance Indicators and limited assurance on non-core KPIs, validating the integrity of the disclosed data.

Key Sustainability Metrics

The following table outlines the primary environmental and social performance indicators reported for FY26 compared to prior periods or targets:

Governance and Risk Management

Oversight of Environmental, Social, and Governance (ESG) functions is exercised at the Board level through the Risk Management Committee, supported by an executive-level E&S committee headed by the Managing Director and CEO. Sudarshan Sen, Chairman of the Risk Management Committee, noted that while the bank has made significant progress, challenges remain regarding the availability of standardized ESG data across value chains. The bank has adopted the International Finance Corporation (IFC) Performance Standards for environmental and social due diligence of borrowers and has become a signatory to the Partnership for Carbon Accounting Financials (PCAF) to align with global approaches for measuring financed emissions.

What the Numbers Show

The divergence between the rapid growth in the green loan portfolio and the steady decline in coal exposure indicates a deliberate reallocation of credit risk towards sustainable assets. With green loans reaching ₹10,489 crore against a revised target of ₹15,000 crore by March 2030, the bank is on track to meet its long-term sustainability goals. Furthermore, the gender diversity ratio of 42.01% exceeds the recalibrated commitment of 37%, suggesting effective implementation of human capital inclusion strategies despite broader industry recruitment trends.