State Bank of India sets June 18 for 71st AGM

1 min read     Updated on 28 May 2026, 09:29 AM
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AI Summary

State Bank of India has scheduled its 71st Annual General Meeting for June 18, 2026, via video conferencing. The meeting will cover the adoption of financial statements for FY2025-26. Remote e-voting is available from June 14 to June 17 for eligible shareholders.

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State Bank of India has scheduled its 71st Annual General Meeting (AGM) for Thursday, 18 June 2026, at 03:00 PM IST via Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting will be conducted at the State Bank Auditorium, State Bank Bhavan, Madame Cama Road, Mumbai. The Notice of the 71st AGM was published in the Gazette of India on 13 May 2026 and in newspapers on 15 May 2026.

The Annual Report for FY2025-26 and the Notice of the 71st AGM have been uploaded to the Bank's website. In accordance with relaxations provided by SEBI, the notice was sent via email on 26 May 2026 to shareholders whose email IDs are registered with the Depository Participant or Registrar and Share Transfer Agent. The documents are also available on the websites of BSE Limited, National Stock Exchange of India Limited, and National Securities Depository Limited.

The business to be transacted at the AGM includes the discussion and adoption of the Balance Sheet and Profit and Loss Account for the period ended 31 March 2026, the report of the Central Board on the Bank's working, and the Auditor's Report. Shareholders can vote on the resolution through remote e-voting, which commences at 10:00 AM IST on 14 June 2026 and ends at 05:00 PM IST on 17 June 2026. Shareholders holding shares in physical or dematerialized form as of the cut-off date, 13 March 2026, are eligible to vote.

Shareholders who have cast their vote via remote e-voting may attend the AGM but are not eligible to vote again during the meeting. Those attending via VC/OAVM who have not voted remotely are eligible to vote through the e-voting system during the AGM. For queries, shareholders may refer to the FAQs and e-voting user manual available on the NSDL website or contact the provided helpline.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.73%+3.44%+10.19%+5.89%+30.71%+150.69%

What key financial highlights or strategic shifts are expected to be detailed in the FY2025-26 Annual Report?

How might the adoption of the Balance Sheet and Profit & Loss Account impact SBI's dividend policy for the fiscal year?

What are the anticipated market reactions to the Auditor's Report and the Central Board's assessment of the Bank's performance?

SBI promoter holds no encumbrance on equity shares in FY26

0 min read     Updated on 28 May 2026, 12:04 AM
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State Bank of India disclosed that its promoter, the President of India, did not create any encumbrance on equity shares during the financial year ended March 31, 2026. The filing was submitted to stock exchanges in compliance with Regulation 31(4) of the SEBI (SAST) Regulations, 2011.

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state bank of india has confirmed that its promoter, the President of India, did not create any encumbrance on equity shares during the financial year ended March 31, 2026. This disclosure ensures that the promoter's shareholding remains free from charges such as pledges or liens, which is critical for maintaining governance standards and shareholder confidence.

The bank submitted the information to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires listed entities to disclose any encumbrance created by promoters on their shareholding.

Disclosure Details

The filing confirms the status of the promoter's holding for the full financial year. The key details of the disclosure are outlined below:

Particulars Details
Promoter Name President of India, GoI
Financial Year FY26
Encumbrance Status No encumbrance
Regulation SEBI (SAST) Regulations, 2011, Reg 31(4)

The absence of encumbrance indicates that the promoter has not used the shares as collateral to raise funds during the specified period. The disclosure was signed by Aruna N Dak, DGM (Compliance & Company Secretary), on behalf of the bank.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.73%+3.44%+10.19%+5.89%+30.71%+150.69%

How might this clean encumbrance status influence investor confidence in State Bank of India amid fluctuating market conditions?

Could this disclosure set a precedent for other public sector banks regarding transparency in promoter shareholding?

What impact might this have on SBI's credit ratings or borrowing costs in the upcoming financial year?

More News on State Bank of India

1 Year Returns:+30.71%