SBI Life Insurance Company Limited has informed the Exchange regarding Allotment of 137191 Equity Shares pursuant to ESOP through circular resolution of the Board Stakeholders' Relationship and Sustainability Committee passed on November 18, 2025.
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SBI Life Insurance has allotted 137,191 equity shares to employees under its Employee Stock Option Plan (ESOP). The allotment was approved via a circular resolution by the Board’s Stakeholders' Relationship and Sustainability Committee on November 18, 2025. This is a routine issuance under the company's existing employee benefit scheme and not a fresh capital raise from the market. The total share count of the company will increase marginally by this number.
Minor dilution for existing shareholders due to fresh share issuance under ESOP, but the impact is negligible given the small size relative to the company's overall share base. No material effect on stock price expected.