State Bank Of India has informed the Exchange about General Updates
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State Bank of India held a shareholder General Meeting on May 15, 2026 via video conferencing to elect directors to the Central Board under Section 19(c) of the SBI Act, 1955. There were 7 nominations for 4 vacancies, so a formal election was conducted via remote e-voting (May 12-14, 2026) and e-voting at the meeting. Four directors were elected based on votes received: Dr. Sandhya Shekhar, Shri K.R. Ashok, Shri Khurshed Rustom Dordi, and Shri Sandeep Natwarlal Shah. Their term begins June 26, 2026 and ends June 25, 2029.
This is a routine board composition update with no material impact on the bank's operations or stock price. The newly elected directors will join the Central Board for a three-year term.