Intimation under Regulations 30 and 51 of SEBI (LODR) Regulations, 2015- Resignation of a Nominee Director

Director flagged a governance concernManagement Changes View source PDF Explain this filing

FEDFINA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹152.98

prior close

₹153.10

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-1.3% vs market

Non Banking Financial Company (NBFC) peers, median of 211sector-0.4%-1.2% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.2 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.6-0.4-1.3-0.4-1.2

Next day

-0.7-1.7+1.0-1.4+0.6

-1.0-1.3+0.3-1.4+0.4

-2.0-0.7-1.3-1.9-0.1

+1.5+0.4+1.1-1.5+3.1

+1.4+0.5+0.9-1.5+2.9

+5.8+2.8+3.0-0.5+6.3

15d

+0.5+1.2-0.7-3.3+3.8

+6.5+5.3+1.1-1.2+7.7

+8.7+9.9-1.2-2.3+11.0

-1.0+13.1-14.1-2.7+1.7

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 211Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Maninder Singh Juneja has resigned as Nominee Director of Fedbank Financial Services Ltd effective May 14, 2026. He was representing True North Fund VI LLP on the board. The resignation follows True North Fund VI LLP selling its entire residual stake in the company. Mr. Juneja has confirmed there are no other material reasons for his resignation beyond the stake sale. He will also cease as member or chairperson of all board committees he was part of.

Likely market impact

The exit of True North Fund VI LLP as a shareholder has resulted in their nominee director stepping down. This represents a change in the company's ownership structure and board composition, which investors should monitor for any impact on corporate governance or strategic direction.