State Bank of India (SBIN) held a General Meeting of its shareholders on Friday, 13 June 2025, at 5:00 PM (IST) through Video Conferencing/Other Audio-Visual Means.
The meeting's agenda was to consider and approve the raising of equity capital during the financial year 2025-26.
The special resolution pertaining to the raising of equity capital was passed with the requisite majority.
The Scrutiniser Report and Voting Results from both remote e-voting and e-voting conducted at the General Meeting have been submitted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The 70th Annual General Meeting of State Bank of India's shareholders was held on 13 Jun 2025 via video conferencing.
The meeting addressed the adoption of the Balance Sheet and Profit and Loss Account as of 31 Mar 2025, along with the Central Board's report and the Auditor’s Report.
Remote e-voting was conducted between 9 Jun 2025 and 12 Jun 2025.
The resolution mentioned in the Notice of the AGM dated 3 May 2025, stands passed with the requisite majority.
State Bank of India (SBIN) held a General Meeting of shareholders on Friday, 13th June 2025, at 5:00 PM (IST).
The meeting was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
The primary agenda for the meeting was to consider and approve the raising of equity capital during the financial year 2025-26.
The meeting concluded at 5:20 PM (IST).
The necessary quorum, including the duly authorized representative of the Central Government, was present.
National Securities Depositories Limited (NSDL) provided the e-voting, video conferencing, and live webcast facilities, and M/s. Bhandari & Associates, Company Secretaries, acted as the scrutineer for the e-voting process.
State Bank of India (SBIN) convened its 70th Annual General Meeting (AGM) on Friday, 13th June 2025, at 2:30 PM (IST) via video conferencing.
The meeting addressed the adoption of the Balance Sheet and Profit and Loss Account as of 31st March 2025, along with the Central Board's report and the Auditor’s Report.
Shri Challa Sreenivasulu Setty, Chairman, presided over the meeting after ascertaining the quorum.
Shareholders expressed their views and raised queries on the Bank’s financial statements, which were addressed by the Chairman.
The remote e-voting portal was available during the AGM for shareholders who had not voted earlier.
The meeting concluded at 4:10 PM (IST), and the remote e-voting module was disabled at 4:30 PM.