Follow Us -
Allotment under ESOP 2018 takes SBI Life’s paid-up equity share capital to ₹1,003.41 crore

Mumbai : SBI Life Insurance Company Limited has allotted 55,501 equity shares to eligible employees following the exercise of vested stock options under the SBI Life Employee Stock Option Scheme 2018.

The allotment was approved by the company’s Board Stakeholders’ Relationship & Sustainability Committee through a resolution passed on September 17, 2026.

Key Details of the Allotment

  • Equity shares allotted: 55,501
  • Face value: ₹10 per share
  • Employee stock option scheme: SBI Life Employee Stock Option Scheme 2018
  • Date of allotment: September 17, 2026
  • Post-allotment paid-up capital: ₹1,003.41 crore
  • Total equity shares: 100.34 crore

Following the allotment, SBI Life’s paid-up equity share capital has increased to ₹10,03,40,50,730, comprising 1,00,34,05,073 equity shares of ₹10 each.

The company disclosed the allotment to the National Stock Exchange of India (NSE) and BSE through a regulatory filing dated September 17, 2026.

Categories

Don't Miss

HDFC Bank Shares Slide 5% in Two Days, Fall Below 200-DMA; Analysts Advise Caution, Not Panic

New Delhi: HDFC Bank shares have come under sharp selling

PM Modi Meets Vladimir Putin in Bishkek on Sidelines of SCO Summit; Energy, Trade and Strategic Ties in Focus

The two leaders discussed key bilateral issues, including energy cooperation,

Truck Plows Into Wedding Procession in Chhattisgarh, Several Injured

Janjgir-Champa, Chhattisgarh: A joyous wedding celebration turned into chaos late

Chargesheet Filed Against SBI Manager in ₹2.78 Crore Embezzlement Case in Raipur

Raipur, India: Investigators have filed a chargesheet against a bank