Gazette Tracker
Gazette Tracker

Core Purpose

Notice for State Bank of India's General Meeting on May 9, 2025, to consider appointment of Secretarial Auditor and approval of Material Related Party Transactions.

Detailed Summary

This document is a notice issued by the State Bank of India for its General Meeting of shareholders scheduled for May 9, 2025, in Mumbai via video conferencing. The meeting's agenda includes: - Appointment of M/s Parikh & Associates as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30). - Consideration and approval of Material Related Party Transactions between State Bank of India and various entities including SBI Life Insurance Company Limited, SBI Cards and Payments Services Limited, SBI General Insurance Company Limited, SBI DFHI Limited, and several other banks and financial institutions listed in the notice. The notice and related details are accessible on the websites of SBI, BSE Limited, National Stock Exchange of India Limited, and National Securities Depository Limited (NSDL) for e-voting information.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30032025-262128 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 265] NEW DELHI, FRIDAY, MARCH 28, 2025/ CHAITRA 7, 1947 STATE BANK OF INDIA (Constituted under the State Bank of India Act, 1955) NOTICE New Delhi, the 28 March, 2025 F. No: CC/S&B/AND/2025/963.—Notice is hereby given that the General Meeting of the Shareholders of the State Bank of India will be held at the State Bank Auditorium, State Bank Bhavan, Madame Cama Road, Mumbai 400021 on Friday, the 9th May, 2025 at 03:00 PM. The Meeting will be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) to transact the following businesses: 1. 2. To appoint M/s Parikh & Associates, Practising Company Secretaries as Secretarial Auditor of the Bank for an audit period of 5 years commencing from FY 2025-26 till FY 2029-2030. To consider and approve Material Related Party Transactions between State Bank of India and SBI Life Insurance Company Limited. 3. To consider and approve Material Related Party Transactions between State Bank of India and SBI Cards and Payments Services Limited. 4. To consider and approve Material Related Party Transactions between State Bank of India and SBI General Insurance Company Limited. 5. 6. 7. 8. 9. To consider and approve Material Related Party Transactions between State Bank of India and SBI Payment Services Private Limited. To consider and approve Material Related Party Transactions between State Bank of India and SBI DFHI Limited. To consider and approve Material Related Party Transactions between State Bank of India and SBI (Mauritius) Limited. To consider and approve Material Related Party Transactions between State Bank of India and Bank SBI Indonesia. To consider and approve Material Related Party Transactions between State Bank of India and Nepal SBI Bank Limited. 10. To consider and approve Material Related Party Transactions between State Bank of India and Bank of Bhutan Limited. 11. To consider and approve Material Related Party Transactions between State Bank of India and Yes Bank Limited. 12. To consider and approve Material Related Party Transactions between SBI DFHI Limited and SBI Capital Markets Limited. 13. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Yes Bank Limited. 14. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Andhra Pradesh Grameena Vikas Bank. 15. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Jharkhand Rajya Gramin Bank. 16. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Uttarakhand Gramin Bank. 17. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Chhattisgarh Rajya Gramin Bank. 18. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Rajasthan Marudhara Gramin Bank. The Notice of General Meeting along with explanatory statement and general instruction for accessing and participating in the General Meeting through VC/OAVM facility and voting through electronic means is available on the website of the Bank at www.sbi.co.in. and on the website of the Stock Exchanges i.e. BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) at www.bseindia.com and www.nseindia.com respectively. The Notice can also be accessed from the websites of National Securities Depository Limited (NSDL) (service provider for e-voting facility) i.e. https://www.evoting.nsdl.com. CHALLA SREENIVASULU SETTY, Chairman [ADVT.-III/4/Exty./1122/2024-25]

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free