SBIN: State Bank of India has informed the Exchange regarding Proceedings of General Meeting held on May 15, 2026
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State Bank of India held a General Meeting on May 15, 2026 via video conferencing to elect four Directors to the Central Board. The meeting, chaired by Shri Challa Sreenivasulu Setty, commenced at 3:00 PM and concluded at 3:40 PM. Four directors were retiring upon completion of their term on June 25, 2026: Ketan S. Vikamsey, Mrugank M. Paranjape, Rajesh Kumar Dubey, and Dharmendra Singh Shekhawat. Eight nominations were received, but one candidate (Dharmendra Singh Shekhawat) withdrew his nomination. Seven candidates remained in the fray for four positions. The new directors will serve a three-year term from June 26, 2026 to June 25, 2029. E-voting was conducted through NSDL with M/s. Parikh & Associates as scrutinizer. The election results will be disclosed separately as per SEBI regulations.
This is a routine board election with no immediate impact on stock price. The actual election results will determine the new board composition and will be disclosed in a separate filing.