SBI Cards and Payment Services Limited submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Limited regarding employee stock unit vesting.
The company disclosed that 187,164 units vested on October 18, 2026, under the SBI Card Employee Stock Option Plan 2023 (ESOP Plan 2023). The vesting consisted of:
- 103,615 Restricted Share Units (RSUs)
- 83,549 Performance Share Units (PSUs)
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicating this constitutes a material event requiring exchange notification.
The company confirmed that the information was simultaneously uploaded to the company's website at www.sbicard.com for public accessibility.
The communication was signed by Payal Mittal Chhabra, Chief Compliance Officer & Company Secretary, at 10:56:29 IST on October 18, 2026. The event occurred at approximately 08:30 AM on the same date.