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Announced Fri, 13 Jun · 19:06 IST

Proceedings of 70th AGM

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

State Bank of India held its 70th AGM on Friday, 13th June 2025 via Video Conferencing / Other Audio-Visual Means, from 2:30 PM to 4:10 PM IST, with the deemed venue at State Bank Bhavan, Mumbai. Chairman Shri Challa Sreenivasulu Setty presided over the meeting, which was attended by all required directors and the Central Government's authorised representative, confirming quorum. The primary business was to discuss and adopt the Bank's Balance Sheet and Profit & Loss Account for FY ended 31st March 2025, along with the Central Board's Report and the Auditor's Report. Remote e-voting was open from 9th June to 12th June 2025, with NSDL as the e-voting agency and M/s. Bhandari & Associates as scrutiniser. Shareholders registered as speakers raised queries on the financials, which the Chairman addressed.

Likely market impact

This is a routine procedural filing confirming that SBI's FY25 financial statements have been formally adopted by shareholders; no new corporate action such as dividend declaration or capital raise is announced in this document. The scrutiniser's detailed voting results will be filed separately with the exchanges.