SBI Life Insurance Company Limited (SBILIFE) — Announcement | 18 May 2026

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📢 Key Event
Deputy CEO Dorababu Daparti to be relieved effective May 18, 2026

💡 Investor Takeaway
This leadership change may affect short-term management stability but does not alter the company's core business outlook.

SBI Life announced that Deputy CEO Dorababu Daparti will be relieved from his duties effective close of business on May 18, 2026, following his appointment as Managing Director & CEO of SBI-SG Global Securities Services Pvt. Ltd., as communicated by SBI and formalized through a relinquishment letter.

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About SBI Life Insurance Company Limited (SBILIFE)

Financial Services · Insurance · Listed on NSE

Market Cap: ₹1,87,026.53 Cr P/E: 75.7

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

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