State Bank of India (SBIN) — Corporate Action

📢 Key Event
SBIN allotted 1,49,200 equity shares from abeyance following court case resolution.

🔄 What Changed
1,49,200 shares moved from abeyance to allotted status.

💡 Investor Takeaway
This resolves a pending rights issue issue, freeing shares for potential future use.

State Bank of India announced the allotment of 1,49,200 equity shares of ₹1 each, previously kept in abeyance under the 2008 Rights Issue, due to resolution of a Delhi High Court case. The shares were allotted by the Executive Committee of the Central Board.

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About State Bank of India (SBIN)

Financial Services · Banks · Listed on NSE

Market Cap: ₹9,53,892.02 Cr P/E: 11.1 ROE: 14.8% ROCE: 31.8% Div Yield: 1.68%

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🔥 Also filed on 21 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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