NOTICE is hereby given that the General Meeting of the Shareholders of the State Bank of India

## Report on State Bank of India General Meeting Notice **1. Executive Summary:** This report analyzes a notice from the State Bank of India (SBI) regarding a General Meeting of Shareholders. The notice pertains to the planned raising of equity capital during the financial year 2025-26 and outlines the process for shareholders to participate in the meeting through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) and electronic voting. Key findings indicate a move towards increased shareholder accessibility and a strategic focus on capital augmentation for SBI. **2. Introduction:** This report aims to provide a comprehensive overview of the State Bank of India's (SBI) notice concerning its General Meeting of Shareholders, based solely on the information contained within the provided text. The report will analyze the core objectives, rationale, key provisions, target audience, inferred implementation aspects, and expected outcomes outlined in the notice. **3. Policy Overview:** This is not an amendment but a notice of a general meeting. * **Core Objective(s):** The primary objective, based on the provided text, is to inform shareholders about the upcoming General Meeting and its purpose, which is to consider and approve the raising of equity capital during FY2025-26. A secondary objective is to outline the procedures for shareholders to participate in the meeting remotely via VC/OAVM and to cast their votes electronically. **4. Background and Rationale:** * This notice addresses the need for SBI to raise equity capital during FY2025-26. While the specific reasons for this capital raising are not detailed in the text, it can be inferred that SBI seeks to strengthen its financial position, fund potential expansion, or meet regulatory requirements. The move to VC/OAVM and electronic voting suggests a desire to improve shareholder participation and transparency. **5. Key Provisions / Changes:** * The text outlines several key provisions: * **General Meeting:** A General Meeting of Shareholders will be held on Friday, June 13, 2025, at 05:00 PM in Mumbai. * **Equity Capital Raising:** The primary business of the meeting is to consider and approve the raising of equity capital during FY2025-26. * **Remote Participation:** Shareholders can participate in the meeting through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). * **Electronic Voting:** Shareholders can vote through electronic means. * **Information Availability:** The Notice of General Meeting, explanatory statement, and instructions for accessing the meeting and voting are available on the SBI website (www.sbi.co.in) and the websites of the BSE (www.bseindia.com), NSE (www.nseindia.com), and NSDL (www.evoting.nsdl.com). **6. Target Audience and Stakeholders:** The primary target audience is the Shareholders of the State Bank of India. Other stakeholders include: * SBI Management * BSE Limited (BSE) * National Stock Exchange of India Limited (NSE) * National Securities Depository Limited (NSDL) **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies:** The State Bank of India is responsible for organizing and conducting the General Meeting. NSDL is the service provider for the evoting facility. The Corporate Centre of State Bank Bhavan is also mentioned. * **Timelines or procedures:** The General Meeting will be held on June 13, 2025, at 05:00 PM. Shareholders are directed to the specified websites for instructions on accessing the meeting and voting electronically. **8. Expected Outcomes / Impact of Changes:** The expected outcomes, based on the information in the notice, include: * **Shareholder Approval:** The successful approval of the resolution to raise equity capital during FY2025-26. * **Increased Participation:** Higher shareholder participation in the General Meeting due to the availability of VC/OAVM and electronic voting. * **Enhanced Transparency:** Improved transparency and accessibility of information related to the General Meeting. * **Capital Augmentation:** SBI securing the necessary capital to support its strategic objectives. **9. Conclusion:** The SBI's notice regarding the General Meeting of Shareholders highlights the bank's intention to raise equity capital during FY2025-26. The provision for remote participation and electronic voting underscores a commitment to shareholder engagement and transparency. The successful execution of this meeting and the approval of the equity capital raising are critical for SBI's future financial stability and growth.

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