Federal Bank approves Rs 6,200 crore warrant issue to Blackstone; stock up 2%

Federal Bank approved issuing Rs 6,196 crore convertible warrants to Blackstones Asia II Topco XIII, enabling a potential 10% stake, boosting shares 2.2% to Rs 232.25.

Oct 24, 2025 - 10:00
 0  18
Federal Bank approves Rs 6,200 crore warrant issue to Blackstone; stock up 2%
Federal Bank approved issuing Rs 6,196 crore convertible warrants to Blackstones Asia II Topco XIII, enabling a potential 10% stake, boosting shares 2.2% to Rs 232.25.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow