Scrutinizer Report and Voting Results of AGM
Awaiting price reaction for this filing.
State Bank of India (SBI) held its 70th Annual General Meeting on June 13, 2025, via video conferencing. The single resolution on the agenda was the adoption of the bank's Balance Sheet and Profit & Loss Account for the financial year ending March 31, 2025, along with the Central Board's report and the Auditor's Report. According to the Scrutinizer's Report by Bhandari & Associates, the resolution was passed with overwhelming shareholder support. Out of the total valid votes cast, 15,50,03,442 votes (99.90%) were in favour of the resolution, while only 1,54,106 votes (0.10%) were against it. No invalid votes were recorded. The remote e-voting window ran from June 9 to June 12, 2025.
This is a routine regulatory disclosure confirming that SBI's shareholders have formally approved the bank's audited annual accounts for FY25. The near-unanimous approval (99.90%) signals strong shareholder confidence and is unlikely to have any material impact on the stock price.