SBI Life Insurance Company Limited has informed the Exchange regarding Allotment of 124645 Equity Shares pursuant to ESOP through circular resolution of the Board Stakeholders' Relationship and Sustainability Committee passed on December 16, 2025.
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SBI Life Insurance has allotted 1,24,645 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 December 16, 2025. This is part of the company's regular ESOP scheme to reward and retain employees. The shares were allotted directly by the company, not purchased from the open market.
This is a routine, small-scale allotment that will result in a marginal increase in the total share count, causing very minor dilution for existing shareholders. No material impact on stock price or shareholder value is expected.