State Bank Of India has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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State Bank of India has filed a disclosure with exchanges confirming that its promoter (President of India, Government of India) has not created any encumbrance (pledge/mortgage) on equity shares during the financial year ended March 31, 2026. This filing is a regulatory requirement under SEBI regulations for substantial acquisition of shares. The disclosure signed by Aruna N Dak, DGM (Compliance & Company Secretary), was submitted on April 7, 2026. This indicates the Government of India has maintained its stake in SBI without leveraging it through share pledging.
This is a positive signal for retail investors as it confirms the promoter has not pledged shares, reducing risk of forced selling or dilution. It reflects a stable promoter holding structure in India's largest public sector bank.