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  3. SBI Life Insurance Allots 75,325 Equity Shares Under Employee Stock Option Scheme 2018
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  • 17 Mar 2026
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 SBI Life Insurance Allots 75,325 Equity Shares Under Employee Stock Option Scheme 2018

SBI Life Insurance Company Limited allotted 75,325 equity shares of Rs. 10 each under its Employee Stock Option Scheme 2018 on March 17, 2026. The allotment was approved by the Board Stakeholders' Relationship & Sustainability Committee following the exercise of vested options by employees. Post-allotment, the company's paid-up share capital increased to Rs. 10,03,09,21,210, comprising 100,30,92,121 equity shares of Rs. 10 each.

SBI Life Insurance 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 milestone in its employee compensation program. The insurance major informed stock exchanges about this development on March 17, 2026.

Share Allotment Details

The Board Stakeholders' Relationship & Sustainability Committee approved the allotment of 75,325 equity shares of Rs. 10 each on March 17, 2026. These shares were allotted following the exercise of vested stock options by certain employees under the 'SBI Life Employee Stock Option Scheme 2018'.

Parameter: Details Shares Allotted: 75,325 equity shares Face Value: Rs. 10 per share Scheme: SBI Life Employee Stock Option Scheme 2018 Approval Date: March 17, 2026

Updated Share Capital Structure

Following the allotment, SBI Life Insurance's capital structure has been updated to reflect the additional shares issued to employees.

Metric: Post-Allotment Status Paid-up Share Capital: Rs. 10,03,09,21,210 Total Equity Shares: 100,30,92,121 shares Face Value per Share: Rs. 10

Regulatory Compliance

The company has duly informed both the National Stock Exchange of India Limited (NSE Symbol: SBILIFE) and BSE Limited (BSE Scrip Code: 540719) about this allotment under Regulation 30 of the listing regulations. Company Secretary Girish Manik signed the official communication to the stock exchanges, ensuring full regulatory compliance.

The intimation regarding this allotment has been made available on the company's official website at sbilife.co.in for stakeholder reference and transparency.

SBI Life Insurance Company Limited has announced a scheduled investor and analyst meeting as part of the Morgan Stanley Virtual India Financials Seminar. The disclosure was made in compliance with SEBI regulations, highlighting the company's commitment to transparent investor communication.

Meeting Details

The insurance company has provided specific details about the upcoming investor interaction through its regulatory filing dated February 13, 2026.

Parameter: Details Conference Host: Morgan Stanley - Virtual India Financials Seminar Location: Mumbai Date: March 19, 2026 Meeting Type: Investor/Analyst Interaction

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SBI Life Insurance has confirmed that senior management will participate in the interaction with investors and analysts during the seminar.

The company has specifically stated that no unpublished price sensitive information will be shared during the meeting, ensuring compliance with regulatory guidelines and maintaining market integrity.

Important Considerations

SBI Life Insurance has noted that the meeting schedule is subject to change due to potential exigencies on the part of either the investor or the company. This flexibility clause ensures that both parties can accommodate any unforeseen circumstances that may arise.

The disclosure was signed by Girish Manik, Company Secretary (ACS No. 26391), and digitally authenticated on March 13, 2026. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited as part of the company's listing obligations.

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