Fedbank Financial Services Limited (Fedfina) has submitted a prior intimation to the National Stock Exchange of India Limited and BSE Limited regarding an upcoming Board of Directors meeting.
The Board meeting is scheduled for Tuesday, August 25, 2026. The primary agenda item for consideration and approval is the raising of funds through debt instruments.
Key Fundraising Details:
- Proposed fundraise amount: Up to ₹2,500 Crores
- Instrument type: Debt instruments including non-convertible debentures (NCDs)
- Currency: Either Indian Currency or Foreign Currency
- Purpose: Part of the proposed increase in the overall borrowing limit
Regulatory and Governance Requirements:
- The fundraising is proposed pursuant to Section 180(1)(c) of the Companies Act, 2013
- Final approval is subject to shareholder approval at the ensuing Annual General Meeting of the Company
Additional Information:
- The intimation has been hosted on the company's website at www.fedfina.com
- The communication was digitally signed by Parthasarathy Rajagopalan Iyengar, Company Secretary & Compliance Officer (Membership No.: A21472)