Announced Thu, 23 Jul · 15:46 IST
SBI Cards allots 27,984 shares under ESOP plans
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SBICARD · price
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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹621.80
prior close
₹616.00
base price
After-mkt
timing
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AI summary
SBI Cards allotted 27,984 equity shares to employees exercising stock options on July 23, 2026. Of these, 25,000 shares were issued under the ESOP Plan 2019 at Rs. 152.10 each, and 2,984 shares under the ESOP Plan 2023 at Rs. 10 each. The allotment raised paid-up equity capital from Rs. 951.61 crore to Rs. 951.64 crore, taking total shares to about 95.16 crore.
Likely market impact
Minor dilution from routine ESOP exercise; negligible impact on existing shareholders.