SBI Cards allots shares from employee stock options

SBI Cards and Payment Services Ltd. has approved the allotment of 3,100 equity shares, at 10 rupees each, to eligible participants who exercised options under the SBI Card - Employee Stock Option Plan 2019. The exercise price for these shares was 152.10 rupees per share. This decision was made by the nomination and remuneration committee of the board via a resolution dated September 24, 2025.

As a result of this allotment, the company's paid-up capital has risen. The capital increased from 9,51,54,44,040 rupees, representing 95,15,44,404 equity shares of 10 rupees each, to 9,51,54,75,040 rupees, comprising 95,15,47,504 equity shares of 10 rupees each.

This intimation, signed by Payal Mittal Chhabra, chief compliance officer and company secretary, will also be uploaded to the company's website.