SBI Funds Management Board Approves Financial Results, Reclassification Requests

SBI Funds Management Limited's Board of Directors met on October 23, 2026, to approve the Un-Audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026, which have undergone a limited review. The board also approved a Postal Ballot Notice for the appointment of Mr. Giridhar Sanjeevi as an Independent Director. Additionally, the board considered and approved requests from promoters State Bank of India and Amundi Asset Management for the reclassification of Indian Digital Payment Intelligence Corporation and AIXIGO TR YAZILIM LIMITED SIRKETI, respectively, from the 'Promoter Group' to 'Public' category. The reclassification is compliant with SEBI regulations and does not require shareholder approval as the entities hold no shares.