FilingReader Intelligence

SBI Card allots equity shares under employee stock option plan

June 27, 2025 at 10:30 AM UTCBy FilingReader AI

SBI Cards and Payment Services (BSE: 543066) announced today the allotment of 42,400 equity shares under its Employee Stock Option Plan 2019 (ESOP Scheme 2019). The allotment was approved by the Nomination and Remuneration Committee of the Board on June 20, 2025. These shares are priced at INR 10 each, exercisable by eligible participants at INR 152.10 per share. Following the allotment, the company's paid-up capital has increased from INR 9,51,48,53,040 (consisting of 95,14,85,304 equity shares) to INR 9,51,52,77,040 (consisting of 95,15,27,704 equity shares). The company confirmed that this allotment is in accordance with regulatory requirements and has been duly recorded.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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