Amundi: Disclosure regarding the proposed initial public offering of SBI Funds Management Ltd. on the Indian stock exchanges

SBI Funds Management Limited (SBIFM), a joint venture between State Bank of India and Amundi, filed its Red Herring Prospectus on July 8, 2026, for its proposed IPO on Indian stock exchanges. The IPO will offer up to 10% of outstanding equity shares (6.3% by SBI and 3.7% by Amundi) at a price band of INR 545-574 per share. The public subscription period is scheduled for July 14-16, 2026, with listing tentatively set for July 21, 2026.