Federal Bank Ltd. has announced an upcoming investor and analyst conference call to discuss a significant proposed preferential issuance of warrants to funds managed by Blackstone. The call, scheduled for October 29, 2025, at 3:45 PM IST, aims to provide stakeholders with detailed insights into this strategic move.

Key Details of the Proposed Warrant Issuance

Conference Call Agenda

The call plans to cover:

1. Overview of the proposed transaction
2. Commercial and strategic rationale
3. Expected timelines
4. Other relevant considerations

Participants will have the opportunity to engage in a Q&A session during the call.

Significance of the Move

This proposed warrant issuance represents a substantial potential investment in Federal Bank by Blackstone, a globally renowned investment firm. The move could significantly bolster the bank's capital position, potentially enabling it to pursue growth opportunities and strengthen its market presence.

How to Join the Call

Federal Bank has provided multiple options for interested parties to join the conference call:

1. DiamondPass™ service: Click on the provided link to join
2. Universal Dial-In Numbers:
   • +91 22 6280 1270
   • +91 22 7115 8171
3. India National Toll Free: 1800 120 1221
4. International Toll Free numbers for various countries

Participants are advised to connect 10 minutes prior to the scheduled start time to ensure a smooth connection.

Implications for Shareholders

The bank has also announced an Extraordinary General Meeting (EGM) scheduled for November 19, 2025, at 11:00 AM IST. This meeting will be conducted through Video Conferencing / Other Audio Visual Means, in line with regulatory guidelines. Shareholders will likely vote on the proposed warrant issuance during this EGM.

As this development could have significant implications for Federal Bank's future strategy and capital structure, stakeholders are encouraged to participate in the upcoming investor call for more detailed information and to have their questions addressed by the management.

Federal Bank's move to potentially bring Blackstone on board as a significant investor marks a noteworthy development in the Indian banking sector, potentially setting the stage for enhanced growth and strategic opportunities for the bank.

Federal Bank 's board has approved a significant fund-raising initiative through a preferential issue of warrants, potentially impacting the bank's capital structure and strategic direction.

Key Details of the Preferential Issue

Strategic Implications

Upon completion of the preferential issue and assuming full conversion of warrants, Asia II Topco XIII Pte. Ltd. would hold a 9.99% stake in Federal Bank. This move aligns with the recent trend of significant investments in mid-sized Indian banks by private equity players.

Investor Rights

The agreement grants the investor the right to nominate one non-executive director to Federal Bank's board, subject to the following conditions:

1. Full conversion of all warrants
2. Maintaining at least a 5% stake in the bank
3. Shareholder approval under SEBI regulations

Financial Details

• The warrants have an 18-month exercise period.
• 25% payment is due at subscription, with the remaining 75% due at conversion.

Approval Process

The proposal requires approvals from:

1. Shareholders
2. Reserve Bank of India
3. Competition Commission of India

An Extraordinary General Meeting (EGM) is scheduled for November 19, 2025, to seek shareholder approval. The record date for voting eligibility is set for November 12, 2025.

This strategic move by Federal Bank could potentially strengthen its capital base, enabling it to capitalize on growth opportunities in the evolving Indian banking sector.