SBI Cards and Payment Services (SBICARD) — Corporate Action

SBI Cards announced the allotment of 42,400 equity shares to eligible employees under its ESOP Scheme 2019, approved by the Nomination and Remuneration Committee on June 20, 2025. The exercise price was set at Rs. 152.10 per share, and the paid-up capital increased to Rs. 9,51,52,77,040, reflecting 95,15,27,704 total shares outstanding post-allotment. This action strengthens employee participation in equity ownership without altering dividend policy or introducing new financing terms.

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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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