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Federal Bank enteres definitive agreement with its subsidiary

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Capital Market
Last Updated : May 14 2018 | 10:50 AM IST

For its stake dilution

Federal Bank announced that it has entered into definitive agreements for Fedfina to issue fresh equity shares, subject to statutory and regulatory approval, constituting 26% of the post-issue paid up share capital of Fedfina, to a fund managed by True North Enterprise Private Limited..

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First Published: May 14 2018 | 10:30 AM IST

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