State Bank of India Announcement of Nominated Candidates for Director Election

State Bank of India has announced the list of eight validly nominated candidates for the upcoming election of four Directors to the Central Board. The election will take place during the General Meeting of Shareholders scheduled for May 15, 2026. The meeting will be conducted via Video Conferencing, and shareholders have until May 11, 2026, to submit any potential withdrawals of nominations.

Upcoming Board Election

State Bank of India has finalized the list of candidates standing for election to the Central Board. The bank aims to fill four vacancies for Directors under Section 19(c) of the State Bank of India Act, 1955. The selection process will conclude at the General Meeting of Shareholders, which is set to convene on May 15, 2026, at 03:00 PM. To ensure accessibility, the meeting will be held through Video Conferencing (VC) and Other Audio-Visual Means (OAVM).

List of Nominated Candidates

Following a rigorous validation process, the following individuals have been confirmed as candidates for the board positions:

  • Shri Arun Ananth Kamath (Mumbai, Maharashtra)
  • Shri K.R. Ashok (Thane, Maharashtra)
  • Shri Dharmendra Singh Shekhawat (Jaipur, Rajasthan)
  • Shri Khurshed Rustom Dordi (Mumbai, Maharashtra)
  • Shri Deepak Arora (Jaipur, Rajasthan)
  • Shri Sandeep Natwarlal Shah (Mumbai, Maharashtra)
  • Dr. Sandhya Shekhar (Chennai, Tamil Nadu)
  • Shri Sanjay Kapoor (Panchkula, Haryana)

Withdrawal of Nominations

The bank has provided a window for candidates who may wish to withdraw their candidacy. Any formal request for withdrawal must be submitted in physical form to the Managing Director (Corporate Banking & Subsidiaries) at the Corporate Centre, State Bank Bhavan, Mumbai. The deadline for such requests is May 11, 2026, by 05:00 PM.

Source: BSE

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