SBI Cards and Payment Services (SBICARD) — Corporate Action

SBI Cards announced the allotment of 1,000 equity shares to eligible employees under its 2019 ESOP scheme, exercising options at Rs. 152.10 per share. This increased the paid-up capital from Rs. 9,51,35,29,540 to Rs. 9,51,35,39,540, reflecting a minimal rise in share count. The move aligns with employee compensation practices and signals confidence in retention strategies.

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About SBI Cards and Payment Services Limited (SBICARD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹59,570.5 Cr P/E: 27.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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