Announced Wed, 24 Sept · 13:00 IST

SBI Cards and Payment Services Limited has informed the Exchange regarding Allotment of 3100 Shares..

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SBICARD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SBI Cards has allotted 3,100 equity shares (face value Rs. 10 each) to eligible employees who exercised stock options under the SBI Card ESOP Scheme 2019. The exercise price was Rs. 152.10 per share. As a result, the company's paid-up equity capital rose marginally from Rs. 951.54 crore to Rs. 951.55 crore, with total shares increasing from 95,15,44,404 to 95,15,47,504. This is a routine ESOP allotment approved by the Nomination and Remuneration Committee on September 24, 2025.

Likely market impact

This is a small, routine ESOP allotment with negligible impact on shareholding or stock price. It reflects normal employee compensation activity and causes very minor dilution of less than 0.004%.