Awaiting price reaction for this filing.
SBI's Central Board has declared a final dividend of Rs. 15.90 per equity share (face value Re. 1 each) for the financial year ended 31.03.2025, as confirmed by its meeting held on 03.05.2025. The record date for identifying eligible shareholders is 16.05.2025, with dividend payment scheduled for 30.05.2025. SBI shares will remain closed for trading from 17.05.2025 (Saturday) to 19.05.2025 (Monday) for determining shareholder entitlement. TDS will be deducted at 10% on dividends exceeding Rs. 10,000 for resident shareholders with valid PAN (20% if PAN is missing), while non-resident shareholders face 20% TDS (reducible under applicable DTAA treaties). Shareholders are urged to link Aadhaar with PAN before the record date, submit Form 15G/15H online for TDS exemption where eligible, and update KYC/bank account details with their DP or RTA (KFin Technologies).
Shareholders on the register as of 16.05.2025 will receive Rs. 15.90 per share on 30.05.2025, providing clear visibility on income and a modest tailwind for retail investor sentiment; this is a procedural compliance announcement rather than new financial news, so impact on share price is expected to be neutral.