The Federal Bank Limited has announced the acquisition of an additional 4% stake in Ageas Federal Life Insurance Company Limited (AFLIC) on November 11, 2025. * The Bank acquired 3,20,00,000 equity shares of AFLIC from Ageas. * The consideration for this acquisition was ₹30.45 per share. * The total consideration paid amounted to ₹97,44,00,000. * Following this acquisition, Federal Bank's total shareholding in AFLIC now stands at 30% on a fully diluted basis. * This acquisition was completed in accordance with the Share Purchase Agreement dated April 30, 2025, and its amendment dated October 31, 2025, after receiving all requisite regulatory approvals and satisfying specified conditions precedent.
