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Federal Bank enteres definitive agreement with its subsidiary

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Capital Market

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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