Fedbank Financial Services seeks shareholder approval via postal ballot for material related party transactions with its holding company, Federal Bank, for FY 2026-27.
The proposed transactions include funded/non-funded facilities up to ₹1,500 crore, loan assignments up to ₹1,000 crore, and fixed deposits up to ₹200 crore.
The e-voting period runs from May 11 to June 9, 2026, with a record date of May 5, 2026, to determine voter eligibility.
The Audit Committee and Board have already approved the transactions, which are stated to be at arm's length and in the ordinary course of business.