SBI Cards and Payment Services Limited has informed the Exchange about Copy of Newspaper Publication
SBICARD · price
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Awaiting price reaction for this filing.
SBI Cards has informed the stock exchanges (BSE and NSE) that it published newspaper advertisements in Business Standard (English and Hindi, all editions) on June 11, 2025, regarding the completion of dispatch of its Postal Ballot Notice to shareholders. The Postal Ballot Notice (dated June 5, 2025) was sent by email on June 10, 2025 to all members on record as of the cut-off date of June 6, 2025. Shareholders can cast their votes electronically through NSDL's e-voting platform, with voting open from June 11, 2025 (10:00 AM IST) to July 10, 2025 (5:00 PM IST). Mr. Vineet K Chaudhary of VKC & Associates has been appointed as the Scrutinizer, and results will be announced within two working days after the e-voting window closes. The actual resolutions being put to vote are detailed in the separate Postal Ballot Notice and not in this filing.
This is a routine regulatory/compliance disclosure with no new business or financial information. Shareholders on record should check their registered email for the Postal Ballot Notice and cast their electronic vote before the July 10, 2025 deadline. No immediate impact on stock price is expected from this filing itself; market reaction would depend on the nature of the resolutions in the Postal Ballot Notice.