State Bank of India Board Meeting Outcome
State Bank of India approved a long-term fund-raising programme of up to ₹19,000 Crore for FY 2026-27. Capital will be raised via bonds in foreign currencies.
- Value
- ₹19,000 Cr
- Execution
- FY 2026-27
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State Bank of India approved a long-term fund-raising programme of up to ₹19,000 Crore for FY 2026-27. Capital will be raised via bonds in foreign currencies.
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JTL Industries appointed Vikas Kshitij & Associates as Internal Auditors and re-appointed Balwinder & Associates as Cost Auditors. Both appointments are effective April 1, 2026.
Accent Microcell approved the re-appointment of four key directors for three-year terms. The board meeting concluded successfully at 9:30 AM today.
Archean Chemical Industries approved re-appointing its statutory auditor and two independent directors. These decisions ensure continuity in corporate governance and external audit functions.
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GE Power India Ltd approved the re-appointment of Deloitte Haskins & Sells as statutory auditors. Ernst & Young LLP and Yogesh Gupta & Associates were also appointed.
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Hexa Tradex re-appointed Ms. Vinita Jha as Independent Director and M/s. Lodha & Co. as Statutory Auditors. Both appointments are for 60-month terms.
Rap Corp Limited's board approved the appointment of new secretarial and internal auditors for FY 2025-26. These appointments ensure regulatory compliance and internal financial oversight.
Manorama Industries re-appointed CLA Indus Value Consulting as Internal Auditor and S N & Co as Cost Auditors. Both appointments carry a 12-month tenure.
Eraaya Lifespaces approved a name change to Ebix Limited and a ₹425 Crore fund-raise. Extensive leadership changes and business rationalisation plans were also sanctioned.
Vashishtha Luxury Fashion approved material related party transactions and executive remuneration revisions. The board meeting concluded at 05:45 P.M. following shareholder approval requirements.
SK Minerals approved acquiring 100% of Synergy Trade Links DMCC, Dubai. The Board also noted resignations of its CMO and an Independent Director during the meeting.
Mangalam Worldwide Limited scheduled a board meeting for May 15, 2026, to consider a potential stock split. The move aims to enhance share liquidity.
JBM Auto Limited re-appointed Amol Modak as Internal Auditor and Jitender Navneet & Co. as Cost Auditors. Both appointments are for a twelve-month term.
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Shanti Gold International approved a voluntary accounting policy change for inventory valuation from FIFO to WAC. The retrospective adjustment aims to improve financial reporting reliability.
Indian Hotels approved the re-appointment of Mr. Anupam Narayan as Independent Director for 27 months. The decision was formalized during the May 2026 board meeting.
Gautam Exim's board fixed May 22, 2026, as the record date for its 1:2 stock split. The board also reviewed several annual statutory and quarterly compliances.
Prism Medico and Pharmacy approved the appointment of Mr. Harpreet Singh as internal auditor for FY 2025-2026. This move ensures continued regulatory and financial compliance.
Heritage Foods' Independent Directors met to evaluate performance of the board and management. The meeting confirmed quality information flow between management and the board.
USG Tech Solutions approved the initiation of AI certification courses and cyber security products. It also approved land acquisition for a new Green Hydrogen Plant.
Amic Forging approved a ₹220.99 Crore fundraise via preferential equity and warrant issuances. The Board also increased authorized share capital to ₹15 Crore.