SBI Cards and Payment Services Limited has allotted a total of 3,905 equity shares with a face value of ₹10 each to eligible employees pursuant to the exercise of Employee Stock Options.
Breakdown of Allotment:
- Under ESOP Plan 2019: 2,150 equity shares allotted at an exercise price of ₹152.10 per share
- Under ESOP Plan 2023: 1,755 equity shares allotted at an exercise price of ₹10 per share
The allotment was approved by the Nomination and Remuneration Committee of the Board via resolution dated May 26, 2026.
Change in Capital Structure:
The paid-up share capital of the company has increased as a result of this allotment:
- Before Allotment: ₹951,60,53,890 consisting of 95,16,05,389 equity shares
- After Allotment: ₹951,60,92,940 consisting of 95,16,09,294 equity shares
The equity shares allotted rank pari-passu with the existing equity shares of the company. The disclosure is made in compliance with SEBI regulations, specifically referencing the SBI Card-Employee Stock Option Plan 2019 (ESOP Plan 2019) and Employee Stock Option Plan 2023 (ESOP Plan 2023).
Additional Announcements
No additional corporate updates were provided in this filing beyond the ESOP allotment details.
The company has uploaded this information on its website at www.sbicard.com and requested both BSE Limited and The National Stock Exchange of India Limited to take the same on record.