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SBI Life Insurance Company LimitedQIP/Rights/Pref., 13-03-2025: Allotment of Securities

13-03-2025 · 09:55 pm

SBI Life Insurance Company Ltd. has allotted 18,112 equity shares of ₹10 each following the exercise of vested stock options by certain employees under the SBI Life Employees Stock Options Scheme 2018. Post-allotment, the company's paid-up share capital stands at ₹10,021.35 crore, comprising 100,21,35,083 equity shares. This move may enhance employee engagement and retention by rewarding participants in the stock option scheme.

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