Shareholding13 May 2026, 05:52 pm
True North Fund VI LLP Sells Fedbank Shares in Open Market
AI Summary
True North Fund VI LLP sold 27,170,139 shares of Fedbank Financial Services Ltd in the open market on May 11 and 12, 2026, according to a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The equity share capital of Fedbank before and after the sale remains at ₹3,742,061,010, comprising 374,206,101 equity shares with a face value of ₹10 each.
Key Highlights
- True North Fund VI LLP sold 27,170,139 Fedbank shares.
- The sale occurred in the open market on May 11 and 12, 2026.
- The disclosure was made under SEBI Regulations, 2011.
- Fedbank's equity share capital remains unchanged after the sale.
Price Impact
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