SBI Cards and Payment Services Limited has informed the Exchange regarding Allotment of 42400 Shares.
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Awaiting price reaction for this filing.
SBI Cards and Payment Services Limited has allotted 42,400 equity shares to eligible employees who exercised their stock options under the SBI Card ESOP Scheme 2019. The shares were allotted at an exercise price of Rs. 152.10 per share, with a face value of Rs. 10 each. Following this allotment, the company's paid-up equity capital has risen from Rs. 951.49 crore to Rs. 951.53 crore, increasing the total share count from 95,14,85,304 to 95,15,27,704 shares. The allotment was approved by the Nomination and Remuneration Committee on June 20, 2025. This is a routine administrative filing disclosing an internal employee benefit event.
This is a minor, routine ESOP allotment that results in a very small dilution of less than 0.005% of the existing share base. It is unlikely to have any meaningful impact on the stock price or shareholder value.