Four SBI Central Board Directors Complete Tenure

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Price reactionminutes from the announcement price · days from the prior close

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₹1045.20

prior close

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Nifty 100market-0.5%-0.1% vs market

Public Sector Bank peers, median of 11sector-1.0%+0.3% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty 100 and 0.3 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

State Bank of India announced that four directors on its Central Board will complete their tenure on 25 June 2026 after close of business hours. The directors are Ketan S. Vikamsey, Mrugank M. Paranjape, Rajesh Kumar Dubey and Dharmendra Singh Shekhawat. They were elected under Section 19(c) of the State Bank of India Act, 1955. The Bank will need to fill these board positions going forward.

Likely market impact

Routine board transition for a PSU bank; no immediate operational impact expected, but new appointments will shape governance.