SBI general meeting to go virtual on June 17, shareholders to cast e-votes

The general meeting can be conducted via a video conference or Other Audio-Visual Means (OAVM) as per Sebi order

The country’s largest lender, State Bank of India, will conduct a virtual meeting of shareholders on June 17, to enable them to elect four directors to its central board.

As per market regulator Sebi’s order, the general meeting can be conducted virtually via a video conference or Other Audio-Visual Means (OAVM). The bank proposes to hold an election for four directors via e-voting by shareholders, SBI said in statement.

The virtual meeting is being organised following requests from various stakeholders in view of the Covid-19 lockdown restrictions.

Shareholders will be allowed to e-vote for electing the directors as per the provisions of the