SBI Life shareholders approve all AGM resolutions

Shareholders of SBI Life Insurance Company Limited overwhelmingly approved all seven resolutions at the 25th annual general meeting held on August 29, 2025. The virtual meeting saw the adoption of the revenue account, profit and loss account, receipts and payments account, and balance sheet for the financial year ended March 31, 2025, with 99.9999% of votes cast in favor. The interim dividend declared on February 28, 2025, as the final dividend for the year ended March 31, 2025, also received 99.9999% approval.

Other resolutions included the fixation of remuneration for the statutory auditors for 2025-26, which passed with 99.9999% in favor, and the appointment and remuneration of M/s. Aashish K. Bhatt & Associates as secretarial auditor, also approved by 99.9999%.

The revision and re-appointment of Mr. Amit Jhingran as managing director & CEO also received significant approval, with 99.3885% and 99.3176% of votes in favor, respectively. Additionally, amendments to the SBI Life Employee Stock Option Plan 2018 were approved by 98.8757% of shareholders.