74,237,745 Equity Shares of Fedbank Financial Services Limited are subject to a Lock-Up Agreement Ending on 29-MAY-2025. These Equity Shares will be under lockup for 551 days starting from 25-NOV-2023 to 29-MAY-2025.
Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, as amended, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of our Company held by our Promoter shall be locked in for a period of eighteen months as minimum Promoter?s contribution from the date of Allotment or such other period as may be prescribed under the SEBI ICDR Regulations and the shareholding of our Promoter in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of six months from the date of Allotment or such other period as may be prescribed under the SEBI ICDR Regulations.
In addition to the 20% of the post-Offer shareholding of our Company held by our Promoter and locked in for eighteen months as specified above, in terms of the SEBI ICDR Regulations, the entire pre-Offer equity share capital of our Company will be locked-in for a period of six months from the date of Allotment or such other period as may be prescribed under the SEBI ICDR Regulations.
Fedbank Financial Services Limited is an India-based non-banking finance company (NBFC). The Company focuses on delivering inclusive financial solutions to underserved and emerging segments. The Company is engaged in the business of lending and has a diversified lending portfolio consisting of gold loans, loans against property, home loans, small and mid-size enterprises (SME) loans and wholesale finance. The Company also extends Micro Loans through tie-ups with sourcing and servicing agents. Its mortgage product portfolio includes small-ticket Loan Against Property (LAP) and home loans, and medium-ticket LAP offerings. Its gold loan product is specifically designed to meet short-term working capital needs, offering a dependable financing solution backed by a high-liquidity asset. Its products are tailored to the needs of traders, wholesalers, distributors, retailers, self-employed professionals, and small manufacturing enterprises, and others.
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
