SBINBSEState Bank of IndiaMediumNeutral
Announced Thu, 7 May · 20:45 IST

Completion of three-year term of Smt. Swati Gupta, Director

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-10.8%1-day move
₹1092.90
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₹1090.00
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AI summary

State Bank of India has disclosed that Smt. Swati Gupta, who served as a part-time non-official Director, has completed her three-year term effective May 7, 2026. She was nominated by the Central Government under Section 19(d) of the SBI Act, 1955. This is a routine completion of her appointed term, not a resignation or mid-term departure. The bank has filed this disclosure under SEBI (LODR) Regulation 30. No immediate replacement or successor has been mentioned in this filing.

Likely market impact

This is a routine administrative update with minimal direct impact on shareholders or stock price. The departure of a part-time government-nominated director is unlikely to affect SBI's operations or financial performance.