SBI Cards and Payment Services Limited has informed the Exchange regarding Allotment of 16700 Shares.
SBICARD · price
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SBI Cards has allotted 16,700 equity shares of Rs. 10 each to eligible employees who exercised their stock options under the SBI Card ESOP Scheme 2019. The exercise price was Rs. 152.10 per share. After this allotment, the company's total paid-up equity capital has increased to Rs. 9,51,54,44,040, comprising 95,15,44,404 equity shares. This is a routine, small-scale ESOP allotment approved by the Nomination and Remuneration Committee on August 28, 2025.
This is a minor dilution (0.002% increase in share count) from employee stock options and is unlikely to have any meaningful impact on the stock price or existing shareholders. It is a routine regulatory disclosure.