SBIFUNDS

- SBI Funds Management Limited has issued a Postal Ballot Notice to seek member approval for the appointment of Mr. Giridhar Sanjeevi as a Non-Executive Independent Director. - The appointment is for a term of three consecutive years, effective from September 29, 2026, to September 28, 2029. - Remote e-voting commences on November 6, 2026, and ends on December 5, 2026, with the cut-off date for eligibility set as October 30, 2026.

Current scenario - Q2 FY27 operating revenue reached INR 2,336 crores for H1, up 12% YoY, and operating profit for H1 rose 11% YoY to INR 1,797 crores. - Mutual fund quarterly average AUM (QAAUM) stood at INR 13.14 lakh crores, registering 10% YoY growth, maintaining leadership with a 15% market share. - Monthly SIP inflows touched all-time highs for the industry, while the company's SIP AUM rose to INR 2.07 lakh crores (up 15% YoY). Changes in trends - B-30 contribution remains healthy with nearly two-thirds of SIP inflows originating from these Tier 2 and Tier 3 markets. - Digital transactions remain strong at 94% of total transactions, with 'InvesTap' and the newly launched assisted onboarding platform 'Aarambh' driving scale. - Alternative assets like AIF grew 27% YoY to INR 7,437 crores, backed by enhanced senior leadership. Management Guidance & Outlook - Management expects elevated technology and talent costs incurred in Q2 to moderate going forward, with recurring cost impacts settling around 50-60% of the incremental spend. - The company remains focused on expanding its alternate asset footprint (Private Equity and Private Credit) and scaling digital-first onboarding platforms. - Yields across equity (62-63 bps), debt (34-35 bps), and liquid (11-12 bps) categories remain stable and competitive.

- SBI Funds Management Limited informed about the extension of the term of M/s. Chhajed & Doshi as the Internal Auditor of the company. - The term has been extended from April 1, 2028 to March 31, 2030.

- SBI Funds Management Limited approved the extension of the term of M/s. Chhajed & Doshi as the Internal Auditor of the Company. - The term has been extended from April 1, 2028 to March 31, 2030. - The Board Meeting was held on October 28, 2026.

- SBI Funds Management Limited submitted applications to NSE and BSE on October 27, 2026, for reclassifying Indian Digital Payment Intelligence Corporation from Promoter Group to Public category. - The company also noted the removal of AIXIGO TR YAZILIM LIMITED SIRKETI due to its voluntary winding up/dissolution.

Concall Schedule Concall Date: October 23, 2026 Concall Time: 06:00 p.m. (IST)

Q2 FY27 Standalone Revenue ₹1,187.40Cr vs ₹1,091.27Cr (▲8.8% YoY) EBITDA ₹911.40Cr vs ₹865.01Cr (▲5.4% YoY) PAT ₹693.54Cr vs ₹740.78Cr (▼6.4% YoY) EBITDA Margin 76.8% vs 79.3% (▼251bps)

- Total MF QAAUM reached ₹13,140 bn (up 10% YoY) with a 15.0% market share as of Sep 30, 2026. - H1 FY27 Operating Income grew 12% YoY to ₹23,361 mn; Operating Profit rose 11% YoY to ₹17,972 mn. - Customer base expanded to 22.7 mn folios and 16.2 mn live SIPs.

- Total MF QAAUM reached ₹13,140 bn, up 10% YoY with 15% market share as of Sep 30, 2026. - H1 FY27 Operating Income up 12% YoY to ₹23,361 mn; Operating Profit up 11% YoY to ₹17,972 mn. - SIP AUM rose 15% YoY to ₹2,070 bn with 16.2 mn live SIPs.

Q2 FY27 Consolidated Revenue ₹1,192.7Cr vs ₹1,095.1Cr (▲8.9% YoY) EBITDA ₹912.7Cr vs ₹865.9Cr (▲5.4% YoY) PAT ₹701.2Cr vs ₹745.9Cr (▼6.0% YoY) EBITDA Margin 76.5% vs 79.1% (▼255bps)

- Received request from promoter Amundi Asset Management for re-classification of AIXIGO TR YAZILIM LIMITED SIRKETI from the 'Promoter Group' category. - The re-classification is due to the voluntary winding up and dissolution of the entity. - The entity did not hold any shares in the company. - The company will submit the request to the board and apply for necessary regulatory approvals in compliance with Regulation 31A of SEBI LODR Regulations.

- Received a request from promoter State Bank of India for re-classification of Indian Digital Payment Intelligence Corporation from 'Promoter Group' to 'Public' category under Regulation 31A of SEBI (LODR) Regulations, 2015. - The entity currently holds zero shares in the company. - The request will be placed before the Board for review and subsequent approval applications to regulatory authorities.

Concall Schedule Concall Date: Friday, October 23, 2026 Concall Time: 6:00 P.M. (IST)

- SBI Funds Management Limited announced the appointment of Mr. R.S. Srinivas Jain as the Joint Chief Executive Officer and Key Managerial Personnel effective October 13, 2026. - Updated the list of KMPs authorized for determining materiality and making stock exchange disclosures. - Mr. Jain brings over 34 years of BFSI experience, including 27 years in the mutual fund industry.

- SBI Funds Management Limited has appointed Mr. R.S. Srinivas Jain as the Joint Chief Executive Officer and Key Managerial Personnel (KMP) of the company effective October 13, 2026. - Mr. Jain has been associated with the company since May 2001 and brings over 34 years of experience in the BFSI sector.

- SBI Funds Management Limited announced the appointment of Mr. R.S. Srinivas Jain as Joint Chief Executive Officer and Key Managerial Personnel (KMP) effective October 13, 2026. - Mr. R.S. Srinivas Jain has been associated with the company since May 2001 and possesses over 34 years of experience in the BFSI sector. - The Board Meeting commenced at 06:54 p.m. and concluded at 07:15 p.m. on October 13, 2026.

- Appointment of Mr. Dhruva Agarwal as Senior Management Personnel and Head of Alternates of SBI Funds Management Limited effective October 7, 2026. - Mr. Dhruva Agarwal brings over 20 years of experience in private capital investing, fund raise, alternative asset strategy, and portfolio management.

Retirement of Mr. Inderjeet Ghuliani as CFO and KMP due to superannuation effective September 30, 2026. Appointment of Mr. Amol Joshi as the new CFO and KMP effective October 1, 2026. Mr. Amol Joshi brings around 32 years of experience, having previously served as CFO of TransUnion CIBIL Limited and worked with other reputed institutions.

- Mr. Inderjeet Ghuliani retired as Chief Financial Officer and Key Managerial Personnel due to superannuation effective September 30, 2026. - Mr. Amol Joshi was appointed as the new Chief Financial Officer and Key Managerial Personnel effective October 1, 2026. - The company updated its list of Key Managerial Personnel authorized to determine materiality of events.

- Mr. Inderjeet Ghuliani retired as Chief Financial Officer and KMP due to superannuation effective September 30, 2026. - Mr. Amol Joshi has been appointed as the new Chief Financial Officer and KMP effective October 1, 2026. - Mr. Amol Joshi brings approximately 32 years of experience, having previously served as CFO of TransUnion CIBIL and with other prominent financial institutions.

- Mr. Inderjeet Ghuliani retires as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) due to superannuation effective September 30, 2026. - Mr. Amol Joshi is appointed as the new CFO and KMP of the company effective October 1, 2026. - Mr. Joshi brings approximately 32 years of experience, previously serving as CFO at TransUnion CIBIL Limited.

- Mr. Moiz Miyajiwala completed his second term as Independent Director, ceasing office from September 28, 2026. - Mr. Giridhar Sanjeevi appointed as Additional Director (Independent) for 3 years effective September 29, 2026.

- SBI Funds Management Limited announced the appointment of M/s. Gokhale & Sathe LLP, Chartered Accountants, as Statutory Auditors for the Financial Year 2026-27. - The appointment was made by the Comptroller & Auditor General of India (C&AG) on September 22, 2026.

- Analyst/Investor Meeting Schedule - Date: September 16, 2026 - Event: Jefferies 5th India Forum - Type: In-Person One on One / Group Meeting - Location: Gurgaon

- SBI Funds Management Limited announced the results of its Postal Ballot, with all 5 resolutions passed by requisite majority as of September 6, 2026. - Resolutions include ratification of ESOP 2018, its extension to subsidiaries, appointment of Secretarial Auditor, adoption of amended Articles of Association, and grant of special rights.

- Mr. Devinder Pal Singh will cease to be Key Managerial Personnel (KMP) and Joint Chief Executive Officer (JCEO) of SBI Funds Management Limited. - The cessation is effective from the closure of business hours on August 31, 2026, due to attaining the age of superannuation. - A revised list of Key Managerial Personnel has been provided.

- Mr. Devinder Pal Singh, Joint Chief Executive Officer (KMP), ceased to be a Key Managerial Personnel (KMP) and Joint Chief Executive Officer of SBI Funds Management Limited. - The change is effective from the closure of business hours on August 31, 2026, due to his attaining the age of superannuation.

- Investor Meeting Schedule - Meeting Date: September 02, 2026 - Event: Ashwamedh - Elara India Dialogue 2026 - Nature: In-Person One on One / Group Meeting in Mumbai