SBI Life Insurance Company Limited — QIP/Rights/Pref., 15-05-2025: Allotment of Securities

SBI Life Insurance allotted 47,803 equity shares of Rs. 10 each to employees under its ESOP 2018, increasing paid-up share capital to Rs. 1002.18 Cr with 100.22 crore shares outstanding. This equity infusion via employee stock options boosts employee ownership without diluting promoter stake, signaling stronger alignment between staff and company growth.