Corporate News     21-Jul-23
Board of Federal Bank approves raising Rs 958.74 cr via preferential allotment of shares
At meeting held on 21 July 2023
The Board of Federal Bank at its meeting held on 21 July 2023 has approved the issuance of up to 7,26,82,048 equity shares of face value of Re. 2/- each to International Finance Corporation (IFC), IFC Financial Institutions Growth Fund, LP (FIG) (directly and/or through its affiliates) and IFC Emerging Asia Fund, LP (EAF) (directly and/or through its affiliates) at a price of Rs. 131.91 per equity share aggregating to an amount of Rs. 958,74,88,951.68 on a preferential basis.
Previous News
  Federal Bank allots 1.37 lakh equity shares under ESOS
 ( Corporate News - 12-Feb-25   10:01 )
  Federal Bank Ltd rises for third consecutive session
 ( Hot Pursuit - 19-Mar-25   13:05 )
  Federal Bank allots 1.26 lakh equity shares under ESOS
 ( Corporate News - 14-Jan-25   10:23 )
  Federal Bank
 ( Results - Analysis 17-Jan-24   08:23 )
  Federal Bank allots 3.71 lakh equity shares under ESOS
 ( Corporate News - 06-Apr-24   16:56 )
  Volumes soar at RBL Bank Ltd counter
 ( Hot Pursuit - 08-Apr-24   11:00 )
  Federal Bank allots 27.39 lakh equity shares under ESOS
 ( Corporate News - 12-Jun-24   18:01 )
  Federal Bank allots 5.94 lakh equity shares under ESOS
 ( Corporate News - 13-Aug-24   18:57 )
  Federal Bank
 ( Results - Analysis 06-May-23   07:39 )
  Federal Bank allots 2.28 lakh equity shares under ESOS
 ( Corporate News - 02-Jan-24   09:43 )
  Federal Bank allots 1.16 lakh equity shares under ESOP
 ( Corporate News - 19-Feb-24   14:55 )
Other Stories
  Focus Business Solution schedules board meeting
  22-Mar-25   17:29
  MBL Infrastructure announces board meeting date
  22-Mar-25   17:29
  Board of Karnika Industries recommends interim dividend
  22-Mar-25   17:29
  Modern Dairies to convene board meeting
  22-Mar-25   17:29
  Lucent Industries to convene EGM
  22-Mar-25   17:24
  Party Cruisers to hold EGM
  22-Mar-25   17:24
  Fidel Softech to hold EGM
  22-Mar-25   17:24
  Huhtamaki India schedules AGM
  22-Mar-25   17:23
  Khandwala Securities to conduct board meeting
  22-Mar-25   17:23
  Phoenix Overseas to convene board meeting
  22-Mar-25   17:23
Back Top