SBI Life Insurance Company Ltd. has allotted 1,21,080 equity shares of Rs. 10 each following the exercise of vested options under the SBI Life Employee Stock Option Scheme 2018. Post-allotment, the company's paid-up share capital stands at Rs. 10,02,04,50,340, comprising 100,20,45,034 equity shares. This action reflects the company's commitment to incentivizing its employees and potentially enhancing shareholder value through increased employee engagement.