SBI confirms no encumbrance on SBI Cards shares in FY26

1 min read Updated on 06 Jun 2026, 02:30 PM

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Jubin VScanX News Team

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State Bank of India confirmed no encumbrance on SBI Cards shares in FY26 under SEBI regulations. The disclosure was filed on April 07, 2026, by General Manager Priyadarshan.

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State Bank of India has confirmed that it, along with persons acting in concert, did not create any encumbrance on the equity shares of sbi cards during the financial year ending March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The confirmation, dated April 07, 2026, was signed by Priyadarshan, General Manager of State Bank of India, from the bank's Corporate Centre in Mumbai. The filing serves as a formal declaration to the exchanges regarding the status of the promoter's shareholding in SBI Cards and Payment Services Limited.

Disclosure Details

The disclosure addresses the compliance requirement for promoters to inform the stock exchanges about any encumbrance created on the shares of a listed entity during a financial year. The table below summarizes the key details of the filing:

Particulars	Details
Promoter	State Bank of India
Target Company	SBI Cards and Payment Services Limited
Regulation	Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Financial Year	FY26
Encumbrance Status	None
Filing Date	April 07, 2026

The confirmation explicitly states that no encumbrance was made directly or indirectly on the equity shares of SBI Cards by the promoter or persons acting in concert during the specified period.

Historical Stock Returns for SBI Cards

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.02%	-5.70%	-8.56%	-31.11%	-37.41%	-43.83%

How might the absence of encumbrance on SBI Cards shares influence SBI's future capital raising strategies?

What impact could this clean shareholding status have on SBI Cards' stock performance in the upcoming quarter?

Are there any potential plans for SBI to increase its stake in SBI Cards in the near future?

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SBI Cards meets Karma Capital Advisors on June 05, 2026

0 min read Updated on 06 Jun 2026, 08:54 AM

Reviewed by

Naman SScanX News Team

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SBI Cards and Payment Services Limited held a one-on-one meeting with Karma Capital Advisors on June 05, 2026, at Gurugram under Regulation 30 of SEBI regulations. The meeting, attended by the Chief Compliance Officer, involved sharing only public domain information. The disclosure was submitted to BSE and NSE.

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sbi cards held a one-on-one meeting with Karma Capital Advisors on June 05, 2026, at Gurugram. The meeting was conducted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The interaction took place from 03:00 PM to 04:00 PM.

The disclosure was submitted to The BSE Limited and The National Stock Exchange of India Limited. Payal Mittal Chhabra, Chief Compliance Officer and Company Secretary of SBI Cards and Payment Services Limited, signed the filing.

The company confirmed that only information already available in the public domain was shared during the meeting. No new material information or non-public details were disclosed.