SBI Life Insurance Company passed 4 ordinary resolutions via postal ballot approving material related party transactions with SBI, SBI DFHI, SBI Capital Markets, and Yes Bank.
All four resolutions received ~97.84% votes in favour on votes polled; remote e-voting ran from March 1 to March 30, 2026.
Promoter group holding 555 million shares abstained entirely; public institutional participation stood at 90.25% of eligible institutional shares.
Resolutions are deemed passed on March 30, 2026 per Regulation 44(3) of SEBI LODR, 2015; scrutinized by Ms. Alifya Sapatwala of Mehta & Mehta.