SBINNSEState Bank of India· BanksLowNeutral
Announced Fri, 27 Mar · 17:43 IST

State Bank of India has informed the Exchange regarding Proceedings of General Meeting held on March 27, 2026

Board & Shareholder Meetings View source PDF

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

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-0.1%1-day move
₹1019.20
prior close
₹1005.00
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AI summary

State Bank of India held a General Meeting of shareholders on March 27, 2026, via video conferencing, lasting from 3:00 PM to 3:35 PM IST. Chairman Challa Sreenivasulu Setty presided over the meeting, with the Central Government's authorised representative also present as required by SBI's regulations. Eleven resolutions were tabled, all seeking shareholder approval for Material Related Party Transactions with SBI's group entities, including SBI Life Insurance, SBI Cards and Payments Services, SBI Payment Services, SBI DFHI, SBI General Insurance, SBI Capital Markets, overseas branches like PT Bank SBI Indonesia and Nepal SBI Bank, as well as with Yes Bank and Rajasthan Gramin Bank. Shareholders were given an opportunity to ask questions and the Chairman responded to their queries. E-voting was facilitated by NSDL during the remote period (March 24-26) and also during the meeting itself.

Likely market impact

This is a routine compliance filing for shareholder approval of related party transactions — a regulatory requirement rather than a material business event. Voting results are pending and will be filed separately by the scrutiniser, so no resolution outcomes have been disclosed yet. Likely neutral for the stock; investors should watch for the upcoming voting result announcement.