Fedbank Financial Services Limited has completed significant corporate actions with the allotment of Non-Convertible Debentures worth ₹200 crores and 12,700 equity shares under its Employee Stock Option Plan. The Committee of Directors (Operations) approved both allotments through a circular resolution dated January 06, 2026, marking a major milestone in the company's capital raising activities.

NCD Allotment Details

The company has successfully allotted 20,000 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures on a private placement basis. Each NCD carries a face value of ₹1,00,000, aggregating to a total nominal value of ₹200 crores.

Security and Redemption Structure

The NCDs are secured by a first ranking pari passu charge over the loan receivables of the company. The redemption structure involves eight quarterly payments commencing after 15 months from the deemed date of allotment, providing a systematic repayment schedule for investors.

Equity Share Allotment Under ESOP

Simultaneously, the company allotted 12,700 equity shares of ₹10 each to employees under the 'Fedbank Financial Services Limited - Employees Stock Option Scheme, 2018'. This allotment has resulted in an increase in the company's paid-up share capital.

Regulatory Compliance and Background

This issuance follows the board's earlier approval granted on August 25, 2025, for issuing NCDs up to ₹2,500 crores in multiple tranches. The shareholders subsequently approved this proposal at their meeting held on September 29, 2025. The company has fulfilled all disclosure obligations under SEBI (LODR) Regulations, 2015, with notifications sent to both NSE and BSE.

Upcoming Board Meeting

Separately, the company has scheduled its Board of Directors meeting for January 15, 2026, to review and approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The trading window remains closed from January 01, 2026, to January 17, 2026, for all designated persons and their immediate relatives in compliance with insider trading regulations.

Fedbank Financial Services Limited has announced that its Board of Directors approved draft documents for a Non-Convertible Debenture (NCD) issuance worth ₹200.00 crores through a circular resolution. The approval covers the draft General Information Document (GID) and Key Information Document (KID) for the proposed private placement of debentures.

NCD Issuance Details

The company plans to issue secured, listed, rated, redeemable senior non-convertible debentures with specific parameters designed for eligible investors.

Regulatory Compliance and Documentation

The board's approval enables the company to file the draft documents with the designated stock exchange for the proposed NCD issuance. The debentures will be offered to one or more prospective eligible investors under the private placement framework. This approval represents a significant step in the company's debt fundraising process, allowing it to proceed with regulatory filings.

Previous Approvals and Timeline

The current NCD issuance forms part of a larger fundraising initiative previously approved by the company's governance bodies:

• Board of Directors granted approval for issuing Listed Non-Convertible Debentures up to ₹2,500.00 crores in one or more tranches, subject to shareholder approval
• Shareholders approved the issuance of Non-Convertible Debentures on private placement basis not exceeding ₹2,500.00 crores in one or more tranches
• Board approved draft GID and KID documents for the current ₹200.00 crore tranche

Market Positioning

The NCDs will be structured as secured instruments with ratings, providing investors with enhanced safety features. The 36-month tenure offers a medium-term investment option for eligible institutional and qualified investors. The listing on BSE will provide liquidity and transparency for the debenture holders.

Fedbank Financial Services has communicated this development to both NSE and BSE under Regulation 30 of the SEBI LODR Regulations, ensuring proper disclosure to market participants and stakeholders.