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SBI Card Announces Successful Postal Ballot Resolutions

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SBI Card Announces Successful Postal Ballot Resolutions

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SBI Cards & Payment Services Ltd ( (IN:SBICARD) ) has shared an announcement.

SBI Cards and Payment Services Ltd announced the successful passage of resolutions via postal ballot, including the appointment of Mr. Challa Sreenivasulu Setty as a Nominee Director and amendments to the SBI Card Employee Stock Option Plan 2023. The resolutions were supported by a significant majority, reflecting strong shareholder confidence and are expected to impact the company’s governance and employee compensation structure positively.

More about SBI Cards & Payment Services Ltd

SBI Cards and Payment Services Ltd is a leading company in the financial services industry, primarily offering credit card products and related payment services. It focuses on providing a range of credit solutions to individual and corporate customers across India.

YTD Price Performance: 21.10%

Average Trading Volume: 47,787

Current Market Cap: 780.7B INR

Learn more about SBICARD stock on TipRanks’ Stock Analysis page.

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