SBI Cards and Payment Services Limited — Others, 31-07-2025: Shareholders meeting

SBI Cards and Payment Services Limited has announced its 27th Annual General Meeting, to be held via video conferencing. Shareholders will consider adopting audited financial statements for FY2025 and confirming an interim dividend of ₹2.50 per equity share. The company seeks approval for material transactions with State Bank of India, valued at approximately ₹28,000 Cr, and with SBI Capital Markets, at about ₹2,050 Cr for FY2026. Additionally, the Board seeks authorization to increase borrowing capacity to ₹51,000 Cr, up from ₹45,000 Cr, and to create a corresponding charge on assets to fund future growth.