The Federal Bank Virat Sunil Diwanji appointed
The Federal Bank (FEDERALBNK) said Virat Sunil Diwanji has been appointed; and V irat Sunil Diwanji has been appointed; and Virat Sunil Diwanji is has been appointed. The company is valued at about ₹80,211 crore.
What happened
In a filing with the BSE on 28 September 2026 at 10:49 PM, The Federal Bank (FEDERALBNK) said that Virat Sunil Diwanji has been appointed; and V irat Sunil Diwanji has been appointed; and Virat Sunil Diwanji is has been appointed.
Company snapshot
The Federal Bank is a mid-cap company in the Financial Services sector, with a market value of about ₹80,211 crore.
The stock last traded at ₹325, against a 52-week range of ₹191.6–₹371.7 (12.6% below the high).
Before this filing the shares had moved −6.6% over the month and −2.4% over three months. Average daily turnover over the last 20 sessions was about ₹172 crore.
Promoters held 0.00% at the end of Q1 FY27. Foreign institutions owned 27.71% and domestic institutions 49.28%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 8,315 | 918.3 | 3.74 |
| Q2 FY26 | 8,321 | 991.9 | 4.04 |
| Q3 FY26 | 8,503 | 1,094.1 | 4.45 |
| Q4 FY26 | 9,132 | 1,341 | 5.44 |
| Q1 FY27 | 8,943 | 1,256.1 | 5.09 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Across 300 similar disclosures by other Financial Services companies, shares moved −0.0% on average the next day and −0.1% over five days; 49% of them rose the next day.
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Federal Bank–Jana Small Finance Bank in advanced talks for a share swap deal
- Exclusive | Federal Bank-Jana SFB deal in final stages, may be announced soon - CNBC TV18
- Federal Bank Share Price - Live NSE: FEDERALBNK Stock Price & Chart
- Exclusive | Federal Bank-Jana SFB deal in final stages, may be announced soon
- Federal Bank Plans Analyst And Investor Meetings From September 21
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.