Federal Bank Ltd

Clarification

• No material event or information requiring disclosure under Listing Regulations; opportunities evaluated in ordinary course.

Meeting Details

• Date: August 27, 2026; Mode: virtual group meeting with analysts/investors.

Participants

• Key participants: Federal Bank Limited representatives (no personal names provided).

Purpose

• Purpose: investor/analyst interaction.

ESOS / ESIS allotments

• Allotment of 3,250 equity shares to ESOS 2010 option grantees on Aug 22, 2026.
• Allotment of 106,656 equity shares to ESOS 2017 option grantees on Aug 22, 2026.
• Allotment of 4,125 equity shares to ESIS 2023 scheme option grantees on Aug 22, 2026.
• Total new equity issued: 114,031 shares, face value Rs 2.
• Allotments were made after payment of money by the allottees.

Funding plan

• Board approved FC-denominated bonds via IBU, GIFT City, up to USD 500 million in tranches (5-year tenor).
• Subject to regulatory approvals, consents, and other compliances.

AGM 2026 approvals

• MD & CEO Krishnan Venkat Subramanian re-appointed for a 3-year term.
• Independent Director Sankarshan Basu re-appointed for a second 3-year term (Oct 2026–Sep 2029).
• Joint statutory auditors appointed: Price Waterhouse LLP (Kolkata) and K. S. Aiyar & Co. (Mumbai) for 3 years.
• Auditors appointment is subject to RBI annual approval.
• No director debarred from holding office by SEBI or authorities.

AGM details

• AGM held via Video Conferencing on 21 Aug 2026 from 11:00 to 11:56 AM.
• Cut-off date for voting entitlement: 14 Aug 2026.
• Notice and Scrutinizer report disclosed; results hosted on bank site.

Resolutions and outcomes

• Item 1: Adoption of Audited Financial Statements; passed with 99.9312% in favour.
• Item 2: Approval of Final Dividend for FY2025-26; passed with 99.9997% in favour.
• Item 3: Re-appointment of MD & CEO; passed with 99.5357% in favour.
• Item 4: Appointment of Joint Statutory Auditors; remuneration fixed; passed 99.9993%.
• Item 5: RBI approval for Part-Time Chairman; remuneration approved; 98.5127% in favour.
• Item 6: Re-appointment of Sankarshan Basu as Non-Executive Independent Director; passed 99.5275%.
• Item 7: Special Resolution for raising funds via bonds/debt instruments; passed 99.9948%.

Dividend

• Final dividend approved for FY2025-26.

Director changes

• Re-appointment of Sankarshan Basu as Non-Executive Independent Director for second term.

Auditors

• Appointment of Joint Statutory Auditors and remuneration fixed.

Fundraising approvals

• Special resolution for raising funds via bonds/debt instruments approved.

AGM Details

• AGM held on 21 August 2026 at 11:00 a.m. via VC/OAVM.
• Remote e-voting from 18–20 August 2026; 30-minute post-meeting window.
• Meeting chaired by Independent Director Elias George.
• 90 shareholders attended via VC/OAVM; 5 raised queries.
• Auditors’ Report and Secretarial Audit had no qualifications.

Resolutions & Outcomes

• Adoption of Audited Financial Statements for FY 2025-26 — Ordinary; outcome not disclosed.
• Approval of Final Dividend for FY 2025-26 — Ordinary; amount not disclosed.
• Re-appointment of Krishnan Venkat Subramanian as MD&CEO on rotation — Ordinary; outcome not disclosed.
• Appointment of Joint Statutory Auditors and fix remuneration — Ordinary; outcome not disclosed.
• RBI approval for appointment of Elias George as Part-Time Chairman and remuneration — Ordinary; outcome not disclosed.
• Re-appointment of Sankarshan Basu as Non-Executive Independent Director for second term — Special; outcome not disclosed.
• Raising of funds through issuance of Bonds/Debt Instruments — Special; outcome not disclosed.

Dividend

• Final dividend approved for FY 2025-26; amount not disclosed.

Directors & Appointments

• Re-appointment of Krishnan Venkat Subramanian as MD&CEO — second term.
• Re-appointment of Sankarshan Basu as Non-Executive Independent Director — second term.
• RBI approval for Elias George as Part-Time Chairman; remuneration approved.

Auditors

• Appointment of Joint Statutory Auditors; remuneration to be fixed.

Material Related Party Transactions

• No material related party transactions disclosed.

Meeting Details

• Date and format: August 20, 2026, virtual one-on-one meeting.
• Analyst attendee: HSBC Securities.
• No presentations were made during the meeting.

Meeting Details

• Investor meetings scheduled for 19 August 2026 were cancelled.