Shareholding8 Jun 2026, 05:51 pm
Federal Bank: IFC Funds Sell 1.93% Stake, Shareholding Drops to 5.28%
AI Summary
IFC Financial Institutions Growth Fund, LP and IFC Emerging Asia Fund, LP have disposed of an aggregate of 47,461,170 equity shares in Federal Bank Ltd. This transaction has reduced the combined shareholding of International Finance Corporation (IFC), IFC Financial Institutions Growth Fund, LP, and IFC Emerging Asia Fund, LP from 7.32% to 5.28% of the company's total paid-up share capital. The disposal occurred between November 25, 2024, and May 29, 2025, with further transactions noted on specific dates in 2026. This marks a significant reduction in the stake held by these IFC entities.
Key Highlights
- IFC entities sold 47,461,170 shares in Federal Bank.
- Combined shareholding reduced from 7.32% to 5.28%.
- Disposal occurred between late 2024 and mid-2025.
- The sale represents a 1.93% stake reduction.
- No promoter status for the selling entities.
Price Impact
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