| 18 Mar 2026 09:27 | | SBI Life Allots 75,325 Equity Shares under 'Employee Stock Option Scheme 2018' | |
SBI Life Insurance Company Limited has completed the allotment of equity shares under its 'Employee Stock Option Scheme 2018,' marking another significant milestone in its employee compensation framework. The Company duly informed the stock exchanges regarding this development on March 17, 2026.
The Company's 'Board Stakeholders' Relationship & Sustainability Committee' approved the allotment of 75,325 equity shares, each having a face value of Rs. 10, on March 17, 2026. These equity shares were allotted to certain employees following the exercise of stock options granted to them under the 'SBI Life Employee Stock Option Scheme 2018.'
Consequent to this allotment, the capital structure of SBI Life Insurance has been updated to reflect the additional shares issued to the employees.
Details: Post-allotment Status – Paid-up Share Capital: Rs. 10,03,09,21,210; Total Equity Shares: 1,003,092,121 shares; Face Value per Share: Rs. 10.
In accordance with Regulation 30 of the Listing Regulations, the Company has duly intimated both stock exchanges—the National Stock Exchange of India Limited and BSE Limited—regarding this allotment. Company Secretary Girish Manik signed the official communication to the stock exchanges, ensuring full compliance with all regulatory requirements.
SBI Life Insurance has announced its plans to conduct a meeting with investors and analysts as part of Morgan Stanley's 'Virtual India Financials Seminar' event. This information has been disclosed in compliance with SEBI regulations, underscoring the company's commitment to transparent communication with its investors.
The company has provided specific details regarding this upcoming meeting with investors through a regulatory filing dated February 13, 2026.
During this meeting, the company has categorically stated that no 'unpublished price sensitive information' (UPSI)—information that has not yet been made public and could potentially impact the share price—will be shared. This ensures adherence to regulatory guidelines and upholds market integrity.
SBI Life Insurance has noted that the schedule for this meeting is subject to change due to unforeseen exigencies that may arise on the part of either the investors or the company. This provision for flexibility allows both parties to effectively navigate and respond to any unexpected circumstances that may emerge. This disclosure was signed by the Company Secretary, Girish Manick, and was electronically authenticated on March 13, 2026. As part of the company's stock exchange listing obligations, this communication has been submitted to both the National Stock Exchange of India Ltd (NSE) and BSE Ltd.
Girish Manik stated, "We are building Scanx to help you express your trading and investment ideas, and to enable you to better analyze the markets."
Stock markets serve as the true indicator of any nation's economic growth. “We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians,” he added.
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