Intimation of allotment of 3,905 Equity shares pursuant to exercise of Employee Stock Options under the SBI Card- Employee Stock Option Plan 2019 (ESOP Plan 2019) and Employee Stock Option ....
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SBI Cards has allotted 3,905 equity shares to eligible employees following the exercise of stock options under two ESOP plans. Under the 2019 plan, 2,150 shares were alloted at Rs. 152.10 per share, and under the 2023 plan, 1,755 shares were alloted at Rs. 10 per share. Following this allotment, the company's paid-up capital increased marginally from Rs. 951.60 crore to Rs. 951.61 crore. The total number of shares outstanding rose from 95,16,05,389 to 95,16,09,294 equity shares of Rs. 10 each. The event was approved by the Nomination and Remuneration Committee on May 26, 2026.
This is a routine ESOP exercise with negligible dilution (3,905 shares out of 95+ crore outstanding). No material impact on stock price or shareholder value is expected.