SBI Cards and Payment Services Limited — Others, 24-03-2025: ESOP/ESOS/ESPS
24-03-2025 · 01:28 pm
SBI Cards and Payment Services has announced a board meeting on March 24, 2025, where the Nomination and Remuneration Committee approved the allotment of 3,000 equity shares under the Employee Stock Option Plan 2019. These shares were allotted at an exercise price of Rs. 152.10 each, increasing the company's paid-up capital to Rs. 9,51,35,69,540, comprising 95,13,56,954 equity shares. This move enhances employee engagement through equity participation, which may positively influence shareholder sentiment as it reflects a commitment to rewarding talent within the company.
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