SBI Life Insurance Allots 75,325 Shares Under Employee Stock Option Scheme 2018
Mumbai – 17 March 2026: SBI Life Insurance Company Ltd. has allotted 75,325 equity shares of Rs. 10 each to employees who exercised vested options under the SBI Life Employee Stock Option Scheme (ESOS) 2018.
The allotment was approved by the Board Stakeholders’ Relationship & Sustainability Committee on 17 March 2026. Following this issuance, the company’s paid-up share capital now stands at Rs. 10,03,09,21,210, comprising 100,30,92,121 equity shares of Rs. 10 each.
SBI Life will make this information publicly available on its official website. The move reflects the company’s ongoing commitment to employee participation and incentives through its ESOS program, which helps align employee interests with shareholder value.
About SBI Life Insurance:
SBI Life Insurance Company Ltd., headquartered in Mumbai, is one of India’s leading life insurance providers, offering a range of insurance and wealth management solutions.
Contact Information:
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Company Secretary: Girish Manik, ACS No. 26391
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Website: www.sbilife.co.in
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Phone: 022-6191 0000 / 3968 0000
