Outcome of Board Meeting held on May 03, 2025 regarding Financial Results, Dividend and fund raising
As filed · State Bank Of India has informed the Exchange regarding Outcome of Board Meeting held on May 03, 2025 regarding Financial Results, Dividend and fund raising.
What happened
FactState Bank of India reported its audited standalone and consolidated financial results for Q4-FY2025, with an unmodified audit opinion. The bank declared a dividend of ₹ 15.90 per equity share for the financial year ended 31.03.2025, with a record date of 16.05.2025 and a payment date of 30.05.2025. Additionally, the bank plans to raise up to ₹ 25,000 crores in equity capital during FY 2025-26 through various methods, subject to necessary approvals.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%