The 70th Annual General Meeting of Shareholders of the State Bank of India will be held

## Report on State Bank of India's Annual General Meeting Notice **1. Executive Summary:** This report analyzes a notice from the State Bank of India (SBI) regarding its 70th Annual General Meeting (AGM). The core purpose of the notice is to inform shareholders about the AGM, the business to be transacted, and the means of participation (Video Conferencing or Other Audio Visual Means). Key findings include the date, time, and location (virtual and physical) of the meeting, the agenda items, and instructions for accessing meeting materials and voting electronically. **2. Introduction:** The purpose of this report is to provide an informative overview of the State Bank of India's notice concerning its 70th Annual General Meeting, based solely on the content of the provided document. This analysis aims to clarify the meeting's purpose, key provisions, and implications for stakeholders. **3. Policy Overview:** * This document constitutes a notice, pertaining to the holding of the 70th Annual General Meeting of the State Bank of India. * **Core Objective:** To inform shareholders of the date, time, location (virtual and physical), agenda, and procedures for participating in the 70th Annual General Meeting (AGM). **4. Background and Rationale:** * The notice addresses the need to inform shareholders about the annual meeting and to provide them with instructions on how to participate and vote, particularly through electronic means. This suggests a desire to facilitate broader participation in the AGM, potentially in response to evolving technological landscapes and accessibility needs. **5. Key Provisions / Changes:** This is a notice for an event (AGM) rather than a policy or an amendment to a policy. As such, the key "provisions" relate to the parameters of the AGM itself. * The 70th Annual General Meeting of Shareholders of the State Bank of India will be held: * Date: Friday, June 13, 2025 * Time: 02:30 P.M. * Location: State Bank Auditorium, State Bank Bhavan, Madame Cama Road, Mumbai 400021 *and* through Video Conferencing (VC) / Other Audio Visual Means (OAVM). * The meeting will discuss and adopt: * The Balance Sheet and the Profit and Loss Account of the State Bank of India made up to the 31st day of March 2025. * The report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts. * The Auditors Report on the Balance Sheet and Accounts. * Access to the Notice of Annual General Meeting and general instruction for accessing and participating in the Annual General Meeting through VC/OAVM facility and voting through electronic means is available: * On the website of the Bank at www.sbi.co.in. * 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. * From the website of National Securities Depository Limited (NSDL) service provider for evoting facility at www.evoting.nsdl.com. **6. Target Audience and Stakeholders:** The primary target audience is the shareholders of the State Bank of India. Stakeholders also include: * The Central Board of the State Bank of India. * Auditors of the State Bank of India. * The State Bank of India itself, including its management and employees. * BSE Limited and National Stock Exchange of India Limited. * National Securities Depository Limited (NSDL). **7. Implementation Aspects (Inferred):** * **Responsible Agency:** State Bank of India (specifically Corporate Centre and Chairman CHALLA SREENIVASULU SETTY). National Securities Depository Limited (NSDL) also plays a role in the electronic voting process. * **Timeline:** The key timeline is the date and time of the AGM: June 13, 2025, at 02:30 P.M. There is also an implied timeline related to accessing meeting materials and registering for electronic voting prior to the meeting. * **Procedures:** Shareholders are instructed to visit the specified websites to access meeting materials, instructions for participating via VC/OAVM, and information on electronic voting. **8. Expected Outcomes / Impact of Changes:** * The intended outcome is to ensure that shareholders are informed about the AGM and have the opportunity to participate and vote, either in person or electronically. The provision for VC/OAVM suggests a move toward greater accessibility and participation, which could lead to more informed decision-making at the AGM. This potentially broadens the base of participating shareholders and encourages more shareholder involvement. **9. Conclusion:** The State Bank of India's notice regarding its 70th Annual General Meeting serves to inform and enable shareholder participation. By providing details about the meeting's agenda, location (virtual and physical), and electronic voting procedures, the notice ensures that shareholders have the opportunity to engage with the bank's governance and decision-making processes. This communication is crucial for maintaining transparency and accountability within the organization. The use of VC/OAVM for participation demonstrates an effort to modernize and democratize access to the AGM.

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