SBI Life Insurance Company Limited has informed the Exchange that Board of Directors at its meeting held on February 25, 2026, declared Interim Dividend of Rs. 2.70 per equity share.
SBILIFE · price
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The Board of Directors of SBI Life Insurance, at its meeting on February 25, 2026, declared an interim dividend of Rs. 2.70 per equity share (27% on face value of Rs. 10) for FY 2025-26. The record date for identifying eligible shareholders is Friday, March 6, 2026, and the dividend will be paid on or before March 27, 2026. In the same meeting, the Board also 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 for FY 2026-27. The Postal Ballot notice will be circulated on February 28, 2026, with e-voting from March 1 to March 30, 2026.
The interim dividend of Rs. 2.70 per share rewards shareholders, though the yield on the current market price is modest. Shareholders holding shares as of March 6, 2026 will be eligible to receive the payout. The related party transactions seeking shareholder approval are routine and at arm's length, unlikely to materially affect minority shareholders.