FilingReader Intelligence

SBI Card announces vesting of employee stock options

October 18, 2025 at 06:49 AM UTCBy FilingReader AI

SBI Cards and Payment Services Limited announced on October 18, 2025, the vesting of 81,962 restricted share units (RSU). This vesting is pursuant to the SBI Card - Employee Stock Option Plan 2023.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company requested that the information be taken on record by both the BSE Limited and the National Stock Exchange of India Limited, where SBI Card's equity shares are listed.

The announcement was signed by Payal Mittal Chhabra, chief compliance officer and company secretary, with the date of the event listed as October 18, 2025. This indicates a significant milestone in the company's employee incentive program.

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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