State Bank Of India — Others, 03-05-2025: Statement of utilization of issue proceeds

The company has provided a detailed update on the utilization of proceeds from its recent capital raising. Funds have been allocated as planned across key areas including expansion projects, debt repayment, and working capital needs. This ensures continued operational growth and strengthens the balance sheet. Transparent disclosure of fund use reflects disciplined financial management, supporting confidence in the company’s strategic plans and future value creation for shareholders.