NSENews Verification1d ago · 19 Oct 2026, 03:23 pm
News Verification
The Federal Bank Limited · FEDERALBNK
✦ AI SummaryRegulatory
The Federal Bank Limited clarified recent news item 'Federal Bank not in active acquisition talks, but open to deals: ED Harsh Dugar' stating they evaluate opportunities for growth and expansion, but there is no material event or information requiring disclosure.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
The Exchange has sought clarification from The Federal Bank Limited with respect to recent news item captioned Federal Bank not in active acquisition talks, but open to deals: ED Harsh Dugar ET Now Exclusive. The response from the Company is attached.
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Secretarial Department
SEC/LODR/270/2026-27 October 19, 2026
The Manager
The National Stock Exchange of India Limited
Exchange Plaza, Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051.
Re: Scrip Symbol: FEDERALBNK
Dear Sir/Madam,
Sub: Clarification under Regulation 30(11) of Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) on news item appearing in
“Mainstream Media”
This is with reference to your email dated October 19, 2026, pertaining to the recent news item captioned
“The Federal Bank Limited with respect to recent news item captioned Federal Bank not in active
acquisition talks, but open to deals: ED Harsh Dugar” which appeared on October 19, 2026.
In this regard, we wish to clarify below on the news item:
a. Whether such negotiations/events were taking place? If so, you are advised to provide the said
information along with the sequence of events in chronological order from the start of
negotiations/events till date.
Response: As a general matter, the Bank evaluates various opportunities in the ordinary course,
for growth and expansion of its business, which are in the best interest of its stakeholders, from
time to time. Further, we clarify that there is no material event/ information that requires
disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
Federal Bank | 6th Floor, Federal Towers, Bank Junction, Aluva | Kerala | 683101
Phone: 0484- 2622263| E-mail: secretarial@federal.bank.in | Website: www.federal.bank.in
CIN: L65191KL1931PLC000368
Secretarial Department
b. Whether you/company are aware of any information that has not been announced to the
Exchanges which could explain the movement in the trading, if any? Further, you are advised
to provide the said information and the reasons for not disclosing the same to the Exchange
earlier as required under regulation 30 of the SEBI (LODR) Regulations, 2015.
Response: As mentioned above, we are not aware of or in possession of any material information
that has not been announced to the Exchanges, and which requires disclosures under Regulation
30 of the SEBI (LODR) Regulations, 2015, as on date.
c. The material impact of this article on the Company.
Response: Considering above, there is no material impact of this article on the Bank.
This is for your information and records.
Thanking you,
Yours faithfully,
For The Federal Bank Limited
Samir P Rajdev
Company Secretary
Federal Bank | 6th Floor, Federal Towers, Bank Junction, Aluva | Kerala | 683101
Phone: 0484- 2622263| E-mail: secretarial@federal.bank.in | Website: www.federal.bank.in
CIN: L65191KL1931PLC000368