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SBI Life Insurance Expands Equity Through Employee Stock Options

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SBI Life Insurance Expands Equity Through Employee Stock Options

SBI Life Insurance Co. Ltd. ( (IN:SBILIFE) ) has issued an announcement.

SBI Life Insurance Co. Ltd. announced the allotment of 18,112 equity shares following the exercise of vested stock options by employees under the SBI Life Employee Stock Option Scheme 2018. This move increases the company’s paid-up share capital to Rs. 10,02,13,50,830, reflecting its ongoing commitment to employee engagement and retention through stock-based incentives.

More about SBI Life Insurance Co. Ltd.

SBI Life Insurance Co. Ltd. operates in the insurance industry, offering a range of life insurance products and services. The company focuses on providing comprehensive insurance solutions to cater to the diverse needs of its customers in India.

YTD Price Performance: 0.82%

Average Trading Volume: 28,178

Current Market Cap: 1419.9B INR

See more insights into SBILIFE stock on TipRanks’ Stock Analysis page.

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