Executive Summary:
This document is a notice from the State Bank of India regarding the reduction in the face value of equity shares from Rs. 10 to Rs. 1 per share and the subsequent subdivision of shares. The record date for determining shareholder eligibility for subdivided shares is November 21, 2014. Existing share certificates with a face value of Rs. 10 will be invalid from November 22, 2014.
Key Points / Main Content:
Equity Share Subdivision:
• The face value of equity shares is reduced from Rs. 10 to Rs. 1 per share, as approved by the Reserve Bank of India.
• November 21, 2014 (Friday) is the record date for determining shareholder eligibility for subdivided equity shares.
Share Certificates (Physical Form):
• Shareholders holding shares in physical form will receive one new share certificate for every fifty shares or multiples thereof, with an additional certificate for any excess shares less than fifty.
• If the total number of shares held is less than fifty, one certificate will be issued for all shares.
• Shareholders can request splitting certificates into two or more at a later date, subject to approval.
Share Certificates (Dematerialized Form):
• For shareholders with dematerialized shares, subdivided shares will be credited to their DEMAT accounts after the record date (November 21, 2014).
Validity of Existing Share Certificates:
• Existing equity share certificates with a face value of Rs. 10 will no longer be valid from November 22, 2014.
• Shareholders are advised to destroy old share certificates after receiving the new, subdivided share certificates and verifying their accuracy.
• The Bank and its Registrar and Transfer Agent (RTA) are not responsible for losses arising from transactions based on old share certificates after the issuance of subdivided shares.
New Share Certificates:
• New share certificates will have new share certificate numbers/distinctive numbers.
• The new shares will be admitted for trading on all stock exchanges where the Bank's shares are currently listed.
Communication:
• Communications regarding the new share certificates should be addressed to the designated RTA: Datamatics Financial Services Ltd.
• Shareholders should quote their registered folio number/DP ID number/Client ID number when communicating with the RTA.
Dematerialization:
• Shareholders holding shares in physical form and interested to convert the same into dematerialised form are requested to visit Banks website.
Impact Analysis:
Shareholders:
Impact: Shareholders will receive subdivided shares and new share certificates reflecting the reduced face value.
Action Required: Verify the accuracy of new share certificates upon receipt and destroy old certificates with a face value of Rs. 10 after November 22, 2014. Communicate with the RTA for any issues related to the new share certificates.
State Bank of India:
Impact: The bank has reduced the face value of its shares and subdivided them and needs to manage the transition for its shareholders.
Action Required: Ensure accurate and timely issuance of new share certificates and update records accordingly.
Registrar and Transfer Agent (Datamatics Financial Services Ltd):
Impact: The RTA is responsible for managing communications and addressing shareholder queries related to the share subdivision.
Action Required: Address shareholder communications related to the issuance of new share certificates and update records accordingly.
Stock Exchanges:
Impact: Stock exchanges will need to accommodate the trading of shares with the new face value.
Action Required: Admit the new share certificates for trading.
Key Entities Referenced
State Bank of India: The primary organization involved in the notification, referred to as 'the Bank'.
Reserve Bank of India: The central bank of India, which approved the State Bank of India's decision.
State Bank of India Act, 1955: The legal basis for the actions described in the notification.
Central Board of the State Bank of India: The governing body of the State Bank of India that made the decision to reduce the face value of equity shares.
New Delhi: Location where the State Bank of India notice was issued.
Mumbai, Maharashtra: The city where the communication regarding the new share certificate should be addressed.
Datamatics Financial Services Ltd: Registrar and Transfer Agent (RTA) for State Bank of India's equity.
Rashmi Prasad: General Manager Shares Bonds, State Bank of India.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx III—[k.M 4
PART III—Section 4
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 319] ubZ fnYyh] cq/okj] uoEcj 5] 2014@dk£rd 14] 1936
No. 319] NEW DELHI, WEDNESDAY, NOVEMBER 5, 2014/KARTIKA 14, 1936
भभभभााााररररततततीीीीयययय (cid:8)(cid:8)(cid:8)(cid:8)टट टट ेेटटेेटट बबबबकक(cid:12)(cid:12)कक(cid:12)(cid:12)
ससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6)ल ी , 28 vDrwcj, 2014
भभभभााााररररततततीीीीयययय (cid:8)(cid:8)(cid:8)(cid:8)टट टट ेेटटेेटट बबबबकक(cid:12)(cid:12)कक(cid:12)(cid:12) –––– ईईईई(cid:15)(cid:15)(cid:15)(cid:15)(cid:16)(cid:16)(cid:16)(cid:16)टटटटीीीी शशशशययेेययेे रररर(cid:18)(cid:18)(cid:18)(cid:18) ककककेेेे अअअअ(cid:15)(cid:15)ंं(cid:15)(cid:15)ंं ककककतततत मममम(cid:23)(cid:23)ूू(cid:23)(cid:23)ूू यय यय मममम (cid:24)(cid:24) (cid:24)(cid:24)ककककममममीीीी ककककररररननननाााा ((((शशशशययेेययेे रररर(cid:18)(cid:18)(cid:18)(cid:18) ककककाााा उउउउपपपप----ििििववववभभभभााााजजजजनननन))))
उपयु(cid:13)(cid:14) त के संदभ(cid:13) म,(cid:22) भारतीय (cid:25) टेट ब(cid:28)क अिधिनयम, 1955 क धारा 4 के अनुसार भारतीय (cid:25)ट ेट ब(cid:28)क(द ब(cid:28)क) के
क(cid:22)!ीय बोड(cid:13) ने भारतीय $रज़व(cid:13) ब(cid:28)क के अनुमोदन से ब(cid:28)क के ई(cid:4)’टी शेयर) के अं(cid:4)कत म(cid:6)ू य को +ित शेयर ,.10 से घटाकर ,.1
कर दने े का िनण(cid:13)य (cid:4)कया ह।ै तदनुसार, उप-िवभािजत ई(cid:4)’टी शेयर) को +ा3त करन े हते ु शेयरधारक) क पा4ता िनधा(cid:13)$रत
करने के िलए अिभिलिखत तारीख 21 नव5बर 2014 (शु6वार) िनधा(cid:13)$रत क गई ह।ै
,
2. कागजी (cid:25) व8प म (cid:22) शेयर) को धा$रत करन े वाल े शेयरधारक) को उनके नाम से पंजीकृत +:येक पचास शेयर) या
उसके गुणक) के िलए एक नया शेयर +माणप4 और उससे अिधक ले(cid:4)कन पचास से कम के शये र) के िलए एक अित$र(cid:14)त शये र
+माणप4 जारी (cid:4)कया जाएगा। य(cid:4)द शेयर) क सं>य ा पचास से कम हो, तो सभी शेयर) के िलए एक +माणप4 जारी (cid:4)कया
जाएगा। तथािप, उन शेयरधारक) के िलए एक िवक(cid:6)प उपल?ध रहगे ा जो अपने शेयर) को आने वाली (cid:4)कसी तारीख पर दो या
दो से अिधक +माणप4) म (cid:22) िवभािजत कराना चाहते ह (cid:28) परंतु यह िवक(cid:6)प क(cid:22)!ीय बोड (cid:13) या उB +योजन हते ु यथा +ािधकृत बोड (cid:13)
क सिमित के अनुमोदनाधीन रहगे ा।
3. शेयर) को इले(cid:14) Eॉिनक (cid:25)व 8प म(cid:22) (कागज रिहत (cid:25)व 8प) धा$रत करने वाल े शेयरधारक) के मामले म(cid:22) उप-
िवभािजत शेयर) को उनके संबंिधत डीमैट खाते म(cid:22) अिभिलिखत तारीख अथा(cid:13)त 21 नव5बर 2014 (शु6वार) के पGच ात
,
त: काल जमा (6ेिडट) कर (cid:4)दया जाएगा।
4. ब(cid:28)क Hारा जारी (cid:4)कए गए ,.10 के अं(cid:4)कत म(cid:6)ू य वाले वत(cid:13)मान ई(cid:4)’टीशेयर +माणप4) क वैधता (cid:4)दनांक
22 नव5बर 2014 स े समा3 त हो जाएगी। तदनुसार, शेयरधारक) को उनके िहत म (cid:22) यह सूिचत (cid:4)कया जाता ह ै (cid:4)कवे उप-
,
िवभािजत नए शेयर +माणप4 +ा3 त होने पर और नए शेयर +माणप4) म(cid:22) उि(cid:6)लिखत ?य ोर) क स:य ता क जाँच करन े के
पG चात +ित ,.10 वाले पुरान े शेयर +माणप4 (+माणप4)) को नJट कर द(cid:22) । यथा उपयु(cid:13)B उप-िवभािजत शेयर) को जारी
करने के बाद भी य(cid:4)द कोई शेयरधारक +ित ,.10 वाले परु ान े शेयर +माणप4) को अपन े पास रखता ह,ै तो उन परु ाने शेयर
+माणप4) के आधार पर (cid:4)कसी सौद/े द,ु पयोग से होन े वाले (cid:4)कसी नुकसान/हािन के िलए ब(cid:28)क और उसके रिज(cid:25)Eार एवं Eांसफर
एज(cid:22)ट (आरटीए) (cid:4)कसी भी +कार से िज5मेवार नहM ह)ग(cid:22)।
4379 GI/2014 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
5. नए शेयर +माणप4) पर नई शेयर +माणप4 स>ं य ाएं/िविशJट सं>य ाएं अं(cid:4)कत ह)गी और उNह (cid:22) उन सभी शेयर
बाजार) म(cid:22) 6य-िव6य हते ु (cid:25)वीकार (cid:4)कया जाएगा जहाँ पर ब(cid:28)क के शेयर) को वत(cid:13)मान म(cid:22) सूचीबO (cid:4)कया गया ह।ै
6. शेयर) के अं(cid:4)कत मू(cid:6) य म(cid:22) कमी (cid:4)कए जाने के फल(cid:25)व 8प पुराने शेयर +माणप4 के बदल े म(cid:22) जारी (cid:4)कए जा रह े नए
शेयर +माणप4) और उनस े जड़ु े मामल) के संबंध म(cid:22) (cid:4)कया जाने वाला कोई भी प4-Qवहार नािमत रिज(cid:25)E ार एव ं अतं रण
एज(cid:22)ट (आरटीए) के पास नीचे (cid:4)दए गए पत े पर भेजा जाना चािहए
:
डाटामे$ट(cid:14) स फाइन(cid:28)िशयल सRवसेस िलिमटेड
इकाई :- (cid:25)टेट ब(cid:28)क ऑफ इंिडया – इ(cid:4)’$ट
3 लाट 6. बी-5 पाट(cid:13) बी 6ासलेन
, ,
एमआईडीसी अंधरे ी (पूव)(cid:13)
,
मुंबई-400 093
फोन नं. – 022-66712198/2199 66712202/2203
,
फै(cid:14) स – 022–66712204
ई-मेल -
sbi_eq@dfssl.com
शेयरधारक) स े यह अनुरोध ह ै (cid:4)क वे रिज(cid:25)Eार एवं अतं रण एज(cid:22)ट के साथ कोई भी प4-Qवहार करत े समय अपन े रिज(cid:25)ट ड (cid:13)
फोिलयो न5 बर/डीपी आईडी न5 बर/(cid:14) लाइN ट आईडी न5ब र का उ(cid:6)ल ेख कर(cid:22)।
jjjjffff”eeee iiiizzllzzllkkkknnnn]]]] ममममहहहहाााा(cid:29)(cid:29)(cid:29)(cid:29)बबबबधधंंधधंं कककक ((((शशशशययेेययेे रररर एएएएवववव ंं ंंबबबबॉॉॉॉ""""डडडड))))
(cid:4)दनांक : 28.10.2014
(cid:25) थान : मुंबई
िवTापन /4/असा/3 14
[ III 9/ ]
dkxth v”a kk sa dk s byDs Vªkfsud Lo:Ik ¼dkxt jfgr Lo:i½ e sa ifjofrZr djoku s dh fof/k] cdSa dh oSclkbV e sa
https://www.sbi.co.in/portal/web/corporate-governance/share-holder-info fyda ij miyC/k gS A rFkkfi] ;g Li’V fd;k
tkrk gS fd ,slk ifjorZu] v”a kk sa d s mifoHkktu dh mijkDs r of.kZr izfØ;k gsrq] ck?; ugh a gAS
STATE BANK OF INDIA
NOTICE
New Delhi, the 28th October, 2014
State Bank of India – Reduction in face value of equity shares (sub-division of shares)
With reference to the above, in terms of section 4 of the State Bank of India Act, 1955, the Central
Board of the State Bank of India (the “Bank”) with the approval of the Reserve Bank of India, has decided to
reduce the face value of equity shares of the Bank from Rs.10 per share to Rs.1 per share. Accordingly, 21st
November, 2014 (Friday) has been fixed as the Record Date to determine the eligibility of shareholders to
receive sub divided equity shares.
2. The shareholders, who are holding shares in physical form, will be issued one new share certificate
for each fifty shares or multiple thereof registered in his name and one additional share certificate for the
number of shares in excess thereof but less than fifty. If the total number of shares are less than fifty, one
certificate shall be issued for all the shares. However, there will be an option available to those shareholders
who wish to get their certificate(s) split in to two or more certificate(s) at a later date, subject to the approval
of the Central Board or its Committee as authorized for the said purpose.
3. For the shareholders having dematerialized shares, sub-divided shares will be credited to their
respective DEMAT accounts immediately after the Record Date i.e. 21st November, 2014 (Friday).
4. The existing equity share certificates, issued by the Bank, bearing face value of Rs.10, will cease to
be valid with effect from 22nd November, 2014. Accordingly, the shareholders are advised in their own
interest, to destroy the old share certificate(s) of Rs.10 each, once they receive the sub-divided new share
certificates and after verifying the correctness of the particulars mentioned in the new share certificate. The¹Hkkx IIIµ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 3
Bank and its Registrar and Transfer Agent (RTA), shall not, in any manner, be responsible for any loss/harm
that may arise out of any transaction/misuse based on the old share certificate(s) of Rs.10 each, if any, retained
by the shareholders even after the issuance of sub-divided shares as above.
5. The new share certificates will bear new share certificate numbers/distinctive numbers and shall
be admitted for trading in all stock exchanges where the shares of the Bank are presently listed.
6. Any communication in connection with the issue of new share certificate being issued in lieu of old
share certificate pursuant to the reduction in face value and related matters may please be addressed to the
designated RTA at the address given below:—
Datamatics Financial Services Ltd,
Unit: State Bank of India - Equity
Plot No. B-5, Part B, Crosslane,
MIDC, Andheri (East),
Mumbai-400093
Telephone Nos : 022-66712198/2199, 66712202/2203
Fax No. : - 022-66712204
E-mail:- sbi_eq@dfssl.com
Shareholders are requested to quote their registered folio number/DP ID number/ Client ID number while
making any communication with the RTA.
RASHMI PRASAD, General Manager (Shares & Bonds)
Date:- 28.10.2014
Place: Mumbai
[ADVT III/4/Exty./39/14]
Shareholders holding shares in physical form and interested to convert the same into dematerialised form are requested
to visit Bank’s website under the link https://www.sbi.co.in/portal/web/corporate-governance/share-holder-info for
detailed information in the matter .
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.