The Board Stakeholders'' Relationship and Sustainability Committee vide its resolution dated May 15, 2026 has allotted Equity Shares towards exercise of vested options. This intimation ....
SBILIFE · price
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SBI Life Insurance has allotted 79,420 equity shares of Rs. 10 each to employees who exercised their vested stock options under the company's ESOS 2018 scheme. This is a routine corporate action under the employee stock option programme. Following the allotment, the company's paid-up share capital stands at Rs. 10,03,17,15,410 consisting of 100,31,71,541 equity shares. The allotment was approved by the Board Stakeholders' Relationship & Sustainability Committee on May 15, 2026. This represents a minor dilution of approximately 0.008% of total shares.
The share issuance under ESOS results in minimal dilution for existing shareholders. The impact on the stock price is expected to be negligible given the small number of shares (79,420) relative to the total outstanding shares (over 100 crore).