Federal Bank board approves raising ₹6,196 crore via preferential issue of warrants

Federal Bank board approves raising ₹6,196 crore via preferential issue of warrants to Blackstone entity Federal Bank share price has rallied 18% in one month and more than 13% in three months. On a year-to-date (YTD) basis, the stock has risen 14%, while it has gained 21% in one year. Over the past two years, Federal Bank share price has surged 60%. Ankit Gohel Published 24 Oct 2025, 11:32 AM IST Federal Bank share price has delivered multibagger returns of 310% in the past five years. Federal Bank share price has delivered multibagger returns of 310% in the past five years. Federal Bank on Friday announced that its board of directors has approved a preferential issue of warrants worth ₹6,196.5 crore to Asia II Topco XIII Pte. Ltd., an affiliate of global investment firm Blackstone. Following the announcement, shares of Federal Bank gained over 2%, rising as much as 2.15% to ₹232.25 apiece on the BSE. Under the proposal, Federal Bank will issue 27,29,74,043 warrants on a private placement basis to Asia II Topco XIII Pte. Ltd. Each warrant will carry the right to subscribe to one fully paid-up equity share with a face value of ₹2 at a price of ₹227 per share, including a premium of ₹225. Upon full conversion, the proposed issue of up to 27.3 crore warrants will result in Asia II Topco XIII Pte. Ltd. holding approximately 9.99% of Federal Bank’s paid-up equity share capital.