SBINNSEState Bank of India· BanksLowNeutral
Announced Mon, 30 Mar · 19:44 IST

State Bank of India has submitted Scrutinizers report and voting results 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.

Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹980.80
prior close
₹1008.00
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AI summary

State Bank of India held an Extraordinary General Meeting (EGM) on March 27, 2026, via video conferencing, and all 11 resolutions were passed with overwhelming support. Each resolution dealt with approving Material Related Party Transactions with key group entities, including SBI Life Insurance, SBI Cards and Payments Services, SBI Payment Services, SBI DFHI, SBI Mauritius, PT Bank SBI Indonesia, Nepal SBI Bank, Yes Bank, SBI Capital Markets, SBI General Insurance, and Rajasthan Gramin Bank. Out of around 3.9 crore shareholders on record, only about 3,100 voted via remote e-voting and a handful participated through VC. Every resolution received over 99.99% votes in favour, with very negligible opposition (ranging from 285 to 535 votes against across resolutions).

Likely market impact

This is a routine compliance filing confirming shareholder approval of related-party transactions within the SBI group. The near-unanimous approval reflects strong institutional support and no notable investor dissent, so it is unlikely to have any material impact on the stock price. Shareholders should note these recurring RPT approvals as part of normal banking group operations.