SBI Life Insurance Company Limited has informed the Exchange regarding Outcome of Board Meeting held on February 25, 2026.
SBILIFE · price
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The board of SBI Life Insurance met on February 25, 2026 and approved two main items. First, an interim dividend of Rs 2.70 per equity share (27% on face value of Rs 10) for FY 2025-26, with a record date of March 6, 2026 and payment to be made on or before March 27, 2026. Second, the board approved a postal ballot notice to seek shareholder approval for material related party transactions with State Bank of India, SBI DFHI Limited, SBI Capital Markets Limited, and Yes Bank Limited, all to be entered into in FY 2026-27 at arm's length pricing. The e-voting window for the postal ballot will run from March 1 to March 30, 2026.
The interim dividend is a direct cash return to shareholders and is mildly positive for retail investors holding shares as of the March 6 record date. The related party transactions are with promoter-group entities and are standard, arm's length dealings requiring shareholder ratification under SEBI rules.