SBI Life Insurance Co. Ltd. (SBILIFE) has announced the allotment of 18,112 equity shares. This allotment follows the exercise of vested stock options by employees under the SBI Life Employee Stock Option Scheme 2018. The move increases the company’s paid-up share capital to Rs. 10,02,13,50,830. This reflects SBI Life’s ongoing commitment to employee engagement and retention through stock-based incentives.
SBI Life Insurance Co. Ltd. operates within the insurance industry. The company offers a range of life insurance products and services. SBI Life focuses on providing comprehensive insurance solutions to meet the needs of its customers in India.
Key Financial Data:
- YTD Price Performance: 0.82%
- Average Trading Volume: 28,178
- Current Market Cap: 1419.9B INR
For further insights into SBILIFE stock, more information is available on TipRanks’ Stock Analysis page.
