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Fedbank Financial Services Limited increased its aggregate borrowing limits from Rs 18,000 crore to Rs 23,000 crore, and approved a proposal to raise funds through debt instruments, including Non-Convertible Debentures, not exceeding Rs 2,500 crore, both subject to shareholder approval at the company’s upcoming Annual General Meeting. The board also appointed M/s. V. Sankar Aiyar & Co. as Joint Statutory Auditors for three consecutive years and approved amendments to the company’s Articles of Association, including the deletion of clauses pertaining to True North Fund VI LLP and the common seal.

Fedbank Financial Services Limited increased its aggregate borrowing limits from Rs 18,000 crore to Rs 23,000 crore, and approved a proposal to raise funds through debt instruments, including Non-Convertible Debentures, not exceeding Rs 2,500 crore, both subject to shareholder approval at the company’s upcoming Annual General Meeting. The board also appointed M/s. V. Sankar Aiyar & Co. as Joint Statutory Auditors for three consecutive years, and approved amendments to the company’s Articles of Association, including the deletion of clauses pertaining to True North Fund VI LLP and the common seal.

Fedbank Financial Services Limited will seek shareholder approval at its upcoming Annual General Meeting to raise funds through debt instruments, including non-convertible debentures, not exceeding Rs 2,500 crore as part of a proposed increase in the overall borrowing limit, according to a regulatory filing on August 19, 2026.

Net profit of Fedbank Financial Services rose 52.49% to Rs 114.38 crore in the quarter ended June 2026 as against Rs 75.01 crore during the previous quarter ended June 2025. Sales rose 29.68% to Rs 669.93 crore in the quarter ended June 2026 as against Rs 516.60 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales669.93516.60 30 OPM %65.6963.89 - PBDT167.73112.72 49 PBT153.48100.35 53 NP114.3875.01 52 Powered by Capital Market - Live News

Fedbank Financial Services has allotted 54,650 equity shares under ESOS on 10 July 2026. As a result of the allotment, the paid-up equity share capital of the Company is increased from Rs. 3,74,90,60,810/- consisting of 37,49,06,081 equity shares having a face value of Rs. 10/- each to Rs. 3,74,96,07,310 /- consisting of 3,74,96,0731 equity shares having a face value of Rs. 10/- each.