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Blackstone to invest ₹6,200 crore in Federal Bank, potentially making it the largest shareholder.
Blackstone’s Singapore-based affiliate plans to invest ₹6,196.5 crore in Federal Bank via a preferential issue of 27.29 crore warrants, valuing each at ₹227, with 25% paid upfront and 75% upon conversion.
Upon full exercise, the stake will reach nearly 10%, making Blackstone the bank’s largest shareholder, with the right to nominate a non-executive director if holding at least 5%.
The deal requires shareholder and regulator approval, with an EGM scheduled for November 19, 2025.
Federal Bank’s shares rose following the announcement, reflecting strong investor interest amid growing foreign investment in India’s banking sector.
Blackstone invertirá ₹ 6,200 crore en Federal Bank, lo que potencialmente lo convertirá en el mayor accionista.