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Federal Bank Shares Rise on Blackstone Warrant Deal
24 Oct, 2025
Summary
- Federal Bank's share price up 0.75% on warrant issue
- Bank approves 27.29 crore warrants to Blackstone affiliate
- Warrant price of 227 INR in line with previous close
On October 24, 2025, Federal Bank Ltd saw its share price rise after the bank announced a preferential issue of convertible warrants to Asia II Topco XIII, an affiliate of private equity firm Blackstone. The stock was trading at 229.57 INR, up 0.75% from the previous close.
The bank approved the issuance of 27.29 crore warrants, with each warrant giving the right to subscribe to one fully paid-up equity share at 227 INR. Investors reacted positively to the news, as the warrant price is nearly in line with Thursday's closing price, signaling confidence in the transaction.
The preferential issue is expected to strengthen Federal Bank's capital position and support its future growth plans. The bank's management believes the partnership with Blackstone will provide strategic benefits and help the lender expand its reach in the Indian banking sector.
