Date: October 16, 2026
Regulatory Disclosure
The Company has received a formal request from State Bank of India (Promoter of the Company) seeking reclassification of Indian Digital Payment Intelligence Corporation from the 'Promoter Group' category to 'Public' category. This request is made in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Shareholding Status
The Company clarifies that Indian Digital Payment Intelligence Corporation currently holds no shares in SBI Funds Management Limited.
Next Steps and Compliance
The Company will take necessary compliance steps under Regulation 31A of SEBI Listing Regulations, including:
- Placing the matter before the Board of Directors for analysis and views
- Applying for necessary no-objection certificates and/or approvals from regulatory authorities including SEBI and Stock Exchanges