SBI Cards and Payment Services Limited representatives participated in a group call organized by Goldman Sachs on June 2, 2026. The meeting was held virtually from Gurugram, commencing at 12:10 PM and concluding at 01:00 PM. This interaction allowed the company to engage with the investment community and share updates.

The session was conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that only information already available in the public domain was shared during the call.

The list of participants included 16 institutional investors such as Allard Partners, Axis Asset Management Co Ltd, and ICICI Prudential Asset Management Co. The full list of attendees is detailed in the disclosure.

Payal Mittal Chhabra, Chief Compliance Officer and Company Secretary, signed the disclosure on June 2, 2026. The communication was addressed to The BSE Limited and The National Stock Exchange of India Limited for appropriate dissemination.

SBI Cards and Payment Services Limited has appointed Mr. Saurav Ghosh as its new Chief Operating Officer for a period of two years, effective June 21, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Ghosh brings over 24 years of experience across banking operations, HR, credit management, regulatory compliances, and digital transformation in the domestic and international banking sectors.

Mr. Ashutosh Kumar Sharma, the current Chief Operating Officer, will demit office upon the completion of his term at the close of business hours on June 20, 2026. The transition marks a change in the senior management structure of the company.

The Board meeting was held on May 30, 2026, commencing at 4.00 p.m. and concluding at 5.52 p.m. The disclosure was made pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointments and Changes

Mr. Ghosh has extensive experience in handling large-scale strategic and operational assignments, with a strong emphasis on organizational effectiveness, stakeholder service, operational excellence, and regulatory compliance.