SBI Cards and Payment Services Limited has informed the Exchange that Board of Directors at its meeting held on March 05, 2026, has inter alia, declared an Interim Dividend of Rs. 2.50/- (Rupees Two and Fifty Paise) (25 %) per equity share (face value of Rs. 10 /- each) of the Company for the financial year 2025-26.
SBICARD · price
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On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 0.9 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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SBI Cards' Board of Directors, at its meeting on March 5, 2026, declared an Interim Dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY 2025-26. The record date for eligibility is Wednesday, March 11, 2026, and the dividend will be paid on or before April 3, 2026. Separately, the Board approved a 4-month extension of Mr. Ved Prakash's term as Executive Vice President & Head – Internal Audit, from March 1, 2026 to June 30, 2026. The trading window for insiders was closed from February 27 to March 7, 2026.
The Rs. 2.50 interim dividend (25% on face value) is a modest payout and is unlikely to materially move the stock price on its own. The internal audit head's term extension is a routine governance matter with no significant impact on shareholders.