SBINNSEState Bank of India· BanksMinimalNeutral
Announced Thu, 15 May · 18:49 IST

Revised Scrutinizer Report

SBIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SBI has submitted a revised scrutinizer's report (dated May 15, 2025) for its General Meeting held on May 9, 2025, replacing the original report dated May 13, 2025. The revision was made to exclude votes cast by the Promoter (President of India) from Resolutions 2 to 17, in line with SEBI LODR Regulations 2(zb) and 23(4) on related party transactions. All 17 resolutions — covering the appointment of M/s Parikh & Associates as Secretarial Auditor for 5 years and approval of material related party transactions with entities such as SBI Life Insurance, SBI Cards, SBI General Insurance, Yes Bank, Bank of Bhutan, and several Regional Rural Banks — were passed with the requisite majority, with over 99.99% of valid votes cast in favour on the RPT resolutions.

Likely market impact

No material impact on shareholders — the revision is a procedural correction to exclude promoter votes from RPT resolutions, and all 17 resolutions stand passed. The approvals allow SBI to continue transactions with its subsidiaries, associates, and RRBs without disruption.