Federal Bank Raises ₹6,196 Crore via Preferential Warrants to Asia II Topco XIII
Aluva, February 16, 2026: Federal Bank has approved the allotment of warrants on a preferential basis to Asia II Topco XIII Pte. Ltd., raising a total consideration of approximately ₹6,196.51 crore.
The decision was taken at the Bank’s Board meeting held on February 16, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Details of the Preferential Issue
The Bank has allotted 27,29,74,043 warrants to Asia II Topco XIII Pte. Ltd. at an issue price of ₹227 per warrant.
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Total Aggregate Consideration: ₹6,196.51 crore
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Amount Received (25% upfront): ₹1,549.12 crore
As per regulatory norms, 25% of the total consideration has been received at the time of allotment, with the remaining amount payable upon conversion of the warrants into equity shares within the prescribed timeline.
The allotment forms part of the Bank’s previously disclosed capital-raising plan aimed at strengthening its capital base and supporting future growth initiatives.
The Board meeting commenced at 10:02 a.m. (IST) and concluded at 11:28 a.m. (IST).
Strengthening Capital Position
The preferential issue is expected to enhance Federal Bank’s capital adequacy and provide additional headroom for credit expansion, digital transformation, and business growth strategies.
The transaction has been undertaken in accordance with applicable SEBI regulations and other statutory requirements.