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SBI Life allots equity shares under employee stock option scheme

September 17, 2025 at 03:59 PM UTCBy FilingReader AI

On September 17, 2025, SBI Life Insurance Company's Board Stakeholders' Relationship & Sustainability Committee approved the allotment of 92,776 equity shares, each valued at Rs. 10, as part of the SBI Life Employee Stock Option Scheme 2018. This allotment stems from the exercise of vested stock options by eligible employees.

Following this development, the company's paid-up share capital now stands at Rs. 10,02,56,80,020. This capital comprises 1,00,25,68,002 equity shares, each retaining a face value of Rs. 10. The announcement, addressed to both the National Stock Exchange of India and BSE Limited, confirms the company's adherence to its employee benefit programs.

Further details regarding this intimation are available on the company's official website. The company has requested that the regulatory bodies take this update on record.

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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