Meeting Details

  • Date of Meeting: Monday, August 31, 2026
  • Time: 11:00 A.M. (IST)
  • Location: Held through Video Conferencing/Other Audio Visual Means
  • Type of Meeting: 28th Annual General Meeting
  • Record Date/Cut-off Date: August 24, 2026
  • Total Shareholders on Record Date: 734,771

Shareholder Participation

  • Promoters and Promoter Group Shareholders Present: Not Applicable
  • Public Shareholders Present through VC/OAVM: 112
  • Total Shareholders Attended Meeting: 112

Proposed Resolutions and Implications

Four ordinary resolutions were proposed and passed:

1. Adoption of Financial Statements: Consideration and adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026, together with reports of Board of Directors and Auditors, along with comments of the Comptroller and Auditor General of India (CAG).

2. Fixing of Auditors Remuneration: Authorization to the Board of Directors to fix remuneration/fees of Statutory Auditors (Single or Joint Auditors) for FY 2026-27, as appointed by CAG.

3. Confirmation of Interim Dividend: Confirmation of payment of Interim Dividend of ₹2.50 per equity share (25%) for FY ended March 31, 2026, as declared by the Board.

4. Approval of Material Related Party Transactions: Approval of material related party transactions with State Bank of India.

Voting Process and Methods

  • Remote e-Voting Period: August 28, 2026 (10:00 AM IST) to August 30, 2026 (5:00 PM IST)
  • Remote e-Voting Platform: National Securities Depository Limited (NSDL) at www.evoting.nsdl.com
  • E-voting at AGM: Facility provided for members attending through VC/OAVM who did not participate in remote e-voting
  • Scrutinizer: Mr. Vineet K Chaudhary (Certificate of Practice no. 4548), Managing Partner of M/s VKC & Associates, Company Secretaries
  • Service Provider: National Securities Depository Limited (NSDL)

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Valid Votes: 890,556,067
  • Votes in Favour: 890,554,011 (99.9998%)
  • Votes Against: 2,056 (0.0002%)
  • Number of Voters: 1,020 (985 in favour, 35 against)

Resolution 2: Fixing of Auditors Remuneration

  • Total Valid Votes: 890,615,485
  • Votes in Favour: 890,613,362 (99.9998%)
  • Votes Against: 2,123 (0.0002%)
  • Number of Voters: 1,019 (980 in favour, 39 against)

Resolution 3: Confirmation of Interim Dividend

  • Total Valid Votes: 890,618,826
  • Votes in Favour: 890,616,786 (99.9998%)
  • Votes Against: 2,040 (0.0002%)
  • Number of Voters: 1,020 (988 in favour, 32 against)

Resolution 4: Approval of Material Related Party Transactions with SBI

  • Total Valid Votes: 237,981,662
  • Votes in Favour: 237,979,529 (99.9991%)
  • Votes Against: 2,133 (0.0009%)
  • Number of Voters: 1,019 (982 in favour, 37 against)

Category-wise Voting Breakdown

Promoter and Promoter Group (All Resolutions)

  • Shares Held: 655,284,311
  • Votes Polled: 652,633,992 (99.5955% of shares held)
  • Votes in Favour: 100% across all resolutions
  • Votes Against: 0% across all resolutions

Public Institutions (All Resolutions)

  • Shares Held: 259,307,394
  • Votes Polled: 237,896,362-237,959,266 (91.7430%-91.7673% of shares held)
  • Votes in Favour: 100% across all resolutions
  • Votes Against: 0% across all resolutions

Public Non-Institutions (All Resolutions)

  • Shares Held: 37,051,393
  • Votes Polled: 25,568-25,737 (0.0690%-0.0695% of shares held)
  • Votes in Favour: 91.6967%-92.0213% across resolutions
  • Votes Against: 7.9787%-8.3033% across resolutions

Scrutinizer's Role and Findings

Mr. Vineet K Chaudhary was appointed as Scrutinizer to scrutinize both remote e-voting and e-voting at the AGM. His responsibilities included:

  • Making a consolidated report of votes cast for/against resolutions
  • Reviewing reports generated from NSDL's e-voting system
  • Ensuring compliance with Companies Act, 2013 and SEBI Listing Regulations
  • Witnessing the unblocking of votes after AGM closure with two independent witnesses (Mr. Tanish Airan and Ms. Moulshree Birla)

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of Companies Act, 2013
  • Rule 20 & 21 of Companies (Management and Administration) Rules, 2014
  • Relevant MCA Circulars and SEBI Circulars

Signatories and Contact Information

  • Submitted by: Payal Mittal Chhabra, Chief Compliance Officer & Company Secretary
  • Scrutinizer: Vineet K Chaudhary, Managing Partner of M/s VKC & Associates
  • Company Address: DLF Infinity Towers, Tower C, 12th Floor, Block 2, Building 3, DLF Cyber City, Gurugram - 122002, Haryana

Additional Information

  • Results were announced to BSE Limited (Scrip Code: 543066) and National Stock Exchange of India Limited (Symbol: SBICARD)
  • Documents are available on company website: www.sbicard.com
  • Newspaper advertisements were published in Business Standard (English and Hindi) on August 1, 2026 and August 4, 2026
  • Electronic data and relevant documents are under scrutinizer's custody until handed over to company after minutes approval