SBI Life Insurance Company Limited has informed the Exchange regarding allotment of 75325 equity shares pursuant to ESOP through circular resolution of the Board Stakeholders' Relationship and Sustainability Committee passed on March 17, 2026.
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SBI Life Insurance has allotted 75,325 equity shares of Rs. 10 each to employees who exercised their vested stock options under the SBI Life Employee Stock Option Scheme 2018. The allotment was approved via a circular resolution of the Board Stakeholders' Relationship & Sustainability Committee on March 17, 2026. After this allotment, the company's paid-up share capital stands at Rs. 1,003.09 crore, consisting of 100,30,92,121 equity shares. The new shares represent a very small addition of about 0.0075% to the existing share base.
This is a routine ESOP allotment with negligible dilution to existing shareholders. No material impact is expected on the stock price or shareholder value.