State Bank of India Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 09 Apr 2026, 10:53 PM
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State Bank of India submitted its compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, confirming proper dematerialization processes. The certificate was issued by KFin Technologies Limited and filed with BSE and NSE on April 9, 2026, demonstrating the bank's adherence to regulatory requirements for securities handling and participant compliance procedures.

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State Bank of India has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was submitted to both BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Regulatory Compliance Certificate

The bank submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This certificate was issued by KFin Technologies Limited, which serves as the Registrar to an Issue and Share Transfer Agent for State Bank of India.

Parameter: Details
Regulation: SEBI (DP) Regulations 74(5)
Quarter Period: Ended March 31, 2026
Submission Date: April 9, 2026
Issuing Authority: KFin Technologies Limited

Certificate Confirmation Details

KFin Technologies Limited, in its certificate dated April 8, 2026, confirmed compliance with key dematerialization processes. The registrar verified that securities received from Depository Participants for dematerialization during the quarter were properly processed and confirmed to the depositories.

The certificate specifically confirms:

  • Securities received for dematerialization were confirmed (accepted/rejected) to depositories
  • All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialization were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners within 15 days of receipt

Corporate Communication

The submission was signed by Aruna Nitin Dak, Deputy General Manager (Compliance & Company Secretary) of State Bank of India. The communication was addressed to the listing departments of both major Indian stock exchanges, maintaining the bank's commitment to transparent regulatory reporting.

About KFin Technologies

KFin Technologies Limited, with CIN L72400MH2017PLC444072, operates from its registered office in Mumbai and maintains operations centers in Hyderabad. The company serves as the registrar and share transfer agent for State Bank of India, handling critical shareholder services and compliance functions.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+3.18%+6.71%+20.79%+35.36%+227.27%

How might SBI's consistent regulatory compliance impact its credit ratings and borrowing costs in the upcoming fiscal year?

What strategic initiatives could SBI announce in its next quarterly results following this compliance milestone?

Will other major Indian banks face increased scrutiny to match SBI's compliance standards, potentially reshaping industry practices?

State Bank of India Transfers Shares to IEPF Following Regulatory Amendments

2 min read     Updated on 09 Apr 2026, 10:36 PM
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State Bank of India has transferred eligible shares to the Investor Education and Protection Fund (IEPF) following amendments to the SBI Act, 1955, effective August 1, 2025. The bank published newspaper notices on April 8, 2026, informing shareholders about shares transferred after remaining unclaimed for seven consecutive years. SBI had previously sent individual notices to shareholders on November 14, December 15, 2025, and January 15, 2026, with a cut-off date of February 16, 2026. Shareholders can reclaim their shares and dividends from the IEPF Authority through the MCA Portal, with complete details available on the bank's website.

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State Bank of India has published newspaper notices informing shareholders about the transfer of eligible shares to the Investor Education and Protection Fund (IEPF), following recent amendments to banking regulations. The bank submitted copies of these publications to stock exchanges on April 9, 2026.

Regulatory Framework and Transfer Process

The share transfer was conducted pursuant to amendments in Section 43 of the State Bank of India Act, 1955, which became effective from August 1, 2025. These amendments work in conjunction with the Investor Education and Protection Fund (IEPF) Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended from time to time.

Transfer Details: Information
Effective Date: August 1, 2025
Cut-off Date: February 16, 2026
Notice Publication: April 8, 2026
Exchange Filing: April 9, 2026

Shareholder Communication Timeline

SBI followed a comprehensive communication process before executing the transfer. The bank sent individual notices to concerned shareholders at their last available addresses and email IDs on three separate occasions:

  • November 14, 2025
  • December 15, 2025
  • January 15, 2026

Corresponding newspaper notices were published on November 15, 2025, December 15, 2025, and January 15, 2026, providing shareholders multiple opportunities to claim their unpaid dividends before the February 16, 2026 cut-off date.

Eligible Shares and Dividend Criteria

The transferred shares met specific eligibility criteria under the regulatory framework:

  • Shares on which dividends were declared on or after August 1, 2017
  • Dividends remained unpaid or unclaimed for seven consecutive years or more
  • No requests received from shareholders until the cut-off date of February 16, 2026

Recovery Process for Shareholders

Shareholders can reclaim their transferred shares and associated dividends through a structured process. The complete list of affected shareholders, along with details of shares transferred to IEPF, has been uploaded on the bank's website at https://sbi.bank.in .

Recovery Information: Details
Filing Platform: MCA Portal
Required Forms: IEPF Authority prescribed forms
Website Access: QR code scanning available
Contact Email: investor.svcs@sbi.co.in

Additional Shareholder Advisories

The bank has issued several important recommendations for shareholders:

  • Dematerialization: Physical shareholders are advised to convert to demat form to avoid risks of loss, damage, or misplacement
  • KYC Updates: Shareholders should update contact details, bank account information, specimen signatures, and nomination choices
  • Regulatory Compliance: SEBI guidelines prohibit transfer or sale of shares in physical form

Support and Contact Information

For information and clarifications regarding the IEPF transfer process, shareholders can contact:

The notice was signed by Aruna N. Dak, Deputy General Manager (Compliance & Company Secretary), demonstrating the bank's commitment to regulatory compliance and shareholder protection under the evolving IEPF framework.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+3.18%+6.71%+20.79%+35.36%+227.27%

How might the recent amendments to the State Bank of India Act influence other public sector banks' dividend claim processes and IEPF transfers?

What impact could the increased emphasis on dematerialization have on SBI's operational costs and shareholder engagement strategies?

Will the structured IEPF recovery process lead to changes in how banks communicate with dormant shareholders in the future?

More News on State Bank of India

1 Year Returns:+35.36%