SBI Cards and Payment Services Ltd. Allots Equity Shares Under Employee Stock Option Plans
SBI Cards and Payment Services Ltd. announced on March 22, 2026, that its Nomination and Remuneration Committee has approved the allotment of 5,530 equity shares under its Employee Stock Option Plans.The company allotted 3,350 equity shares under the SBI Card - Employee Stock Option Plan 2019 (ESOP Scheme 2019) at an exercise price of Rs. 152.10 per share. An additional 2,180 equity shares were allotted under the SBI Card - Employee Stock Option Plan 2023 (ESOP Scheme 2023) at an exercise price of Rs. 10 per share.
Following the allotment, the company’s paid-up capital increased from Rs. 9,51,59,47,210, consisting of 95,15,94,721 equity shares, to Rs. 9,51,60,02,510, comprising 95,16,00,251 equity shares. More details are available on the company’s website, www.sbicard.com. The event occurred on March 22, 2026, at approximately 10:31 AM.
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