Proceedings of 95th Annual General Meeting
Meeting Details
The 95th Annual General Meeting (AGM) of The Federal Bank Limited was held on Friday, August 21, 2026, at 11:00 a.m. IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with SEBI circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024, MCA circular no. 03/2025 dated September 22, 2025, and relevant provisions of the Companies Act, 2013.
Attendance
Chairman: Mr. Elias George, Independent Director and Chairman of the Bank (from Aluva, Kerala)
Directors Present:
1. Mr. Siddhartha Sengupta - Non-Executive Independent Director
2. Mr. Manoj Fadnis - Non-Executive Independent Director
3. Mr. Sudarshan Sen - Non-Executive Independent Director
4. Ms. Varsha Purandare - Non-Executive Independent Director
5. Mr. Ramanand Mundkur - Non-Executive Independent Director
6. Mr. Sankarshan Basu - Non-Executive Independent Director
7. Mr. Krishnan Venkat Subramanian - Managing Director & CEO
8. Mr. Harsh Dugar - Executive Director
9. Mr. Venkatraman Venkateswaran - Executive Director
Representatives of Statutory Auditors and Secretarial Auditors were also present through VC/OAVM. Total attendance: 90 shareholders through VC/OAVM, with 5 shareholders raising queries during the meeting.
Voting Arrangements
Remote e-voting facility was provided from August 18, 2026 (09:00 a.m. IST) to August 20, 2026 (05:00 p.m. IST) through NSDL. Members participating in the AGM had an additional 30 minutes after the meeting to cast votes. Scrutinizer appointed: CS Puzhankara Sivakumar (Membership No. FCS 3050, COP No. 2210) of SEP & Associates, or in his absence, CS E P Madhusudhanan or CS Anju Panicker.
Resolutions Considered
Seven resolutions were put to vote:
Ordinary Business:
1. Adoption of Audited Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)
2. Approval of Final Dividend for FY 2025-26 (Ordinary Resolution)
3. Re-appointment of Mr. Krishnan Venkat Subramanian (DIN: 00031794) as Managing Director & CEO (Ordinary Resolution)
4. Appointment of Joint Statutory Auditors and fixation of their remuneration (Ordinary Resolution)
Special Business:
5. Taking on record RBI approval for appointment of Mr. Elias George (DIN: 00204510) as Part-Time Chairman and approval of his remuneration (Ordinary Resolution)
6. Re-appointment of Mr. Sankarshan Basu (DIN: 06466594) as Non-Executive Independent Director for second term (Special Resolution)
7. Raising of funds through issuance of Bonds/Debt Instruments (Special Resolution)
Key Disclosures
- Auditors Report on Financial Statements for year ended March 31, 2026 had no qualifications, reservations, observations or other remarks
- Secretarial Audit Report for year ended March 31, 2026 had no qualifications, reservations, observations or other remarks
- The Register of Directors and Key Managerial Personnel, and Register of Contracts or Arrangements were made available electronically for inspection
Proceedings Flow
The meeting included:
- Welcome address by Chairman Mr. Elias George
- Performance presentation by MD & CEO Mr. Krishnan Venkat Subramanian covering FY 2026 performance
- Question & Answer session where 5 registered speaker shareholders raised queries
- Responses provided by Mr. Krishnan Venkat Subramanian
- Vote of thanks by Executive Director Mr. Harsh Dugar
Meeting Duration
The meeting commenced at 11:00 a.m. and concluded at 11:56 a.m. on August 21, 2026.