State Bank Of India has submitted the Exchange a copy Srutinizers report of General Meeting held on May 15, 2026

Board & Shareholder Meetings View source PDF

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AI summary

State Bank of India held a General Meeting on May 15, 2026 via video conferencing. Seven resolutions were voted upon, all related to the election of directors to the Central Board under Section 19(c) of the SBI Act 1955. The scrutinizer from Parikh & Associates (Mitesh Dhabliwala) confirmed that all seven resolutions were passed with votes in favour. Directors elected include Dr. Sandhya Shekhar (5.34 crore votes), K.R. Ashok (5.24 crore votes), Khurshed Rustom Dordi (5.21 crore votes), Sandeep Natwarlal Shah (3.58 crore votes), Arun Ananth Kamath (1.72 crore votes), Sanjay Kapoor (20 lakh votes), and Deepak Arora (16.6 lakh votes). Remote e-voting ran from May 12 to May 14, 2026, via NSDL. Voting entitlement was 1 vote per 50 equity shares held.

Likely market impact

Election of seven new directors to the Central Board strengthens SBI's governance structure. All resolutions passed overwhelmingly, indicating strong shareholder approval with no dissenting votes recorded. This is a routine governance update with no immediate impact on stock price.