Intimation of allotment of 42,400 Equity Shares pursuant to exercise of Employee Stock Options under the SBI Card - Employee Stock Option Plan 2019 (ESOP Scheme 2019)
Awaiting price reaction for this filing.
On June 20, 2025, the Nomination and Remuneration Committee of SBI Cards approved the allotment of 42,400 equity shares to eligible employees who exercised stock options under the SBI Card Employee Stock Option Plan 2019. The exercise price was Rs. 152.10 per share. As a result, the company's paid-up equity capital increased from Rs. 951.49 crore (95,14,85,304 shares) to Rs. 951.53 crore (95,15,27,704 shares) of Rs. 10 each. This is a routine ESOP exercise disclosure with a very small dilution of about 0.004% to existing shareholders.
Minimal impact on shareholders due to the tiny size of the allotment relative to total share count. Slight dilution of equity but reflects employee compensation being settled in shares rather than cash.