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SBI Funds Management Limited announced that Rajat Grover, currently Senior Management Personnel and Chief Human Resources Officer and Head Corporate Social Responsibility, will assume the additional responsibility of overseeing sustainability, and will be designated as Chief People & Sustainability Officer (CPSO), effective August 20, 2026.

Net profit of SBI Funds Management rose 3.70% to Rs 880.26 crore in the quarter ended June 2026 as against Rs 848.84 crore during the previous quarter ended June 2025. Sales rose 15.16% to Rs 1152.73 crore in the quarter ended June 2026 as against Rs 1000.94 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1152.731000.94 15 OPM %80.0678.66 - PBDT1162.831116.19 4 PBT1150.601105.65 4 NP880.26848.84 4 Powered by Capital Market - Live News

SBI Funds Management will hold a meeting of the Board of Directors of the Company on 3 August 2026.

The equity shares of SBI Funds Management (Scrip Code: 544829) are listed effective 21 July 2026 and admitted to dealings on the exchange in the list of ``B`` group securities. At 09:19 IST, the pre-open indicative price of the stock was down 3.31% to the offer price of Rs 574.