SBI Card Allots 1,12,960 Equity Shares To Employees As Stock Option

SBI Card Allots 1,12,960 Equity Shares To Employees As Stock Option

The face value of the equity shares will be ₹10 each.

FPJ Web DeskUpdated: Monday, July 24, 2023, 05:26 PM IST
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SBI Card Allots 1,12,960 equity Shares To Employees As Stock Option | SBI Card

SBI Card on Monday announced the allotment of 1,12,960 equity shares to employees as stock option under the SBI Card - Employee Stock Option Plan 2019 at the exercise price of Rs. 152.10 per share, the company announced through an exchange filing.

The face value of the equity shares will be ₹10 each.

With this allotment, the paid-up capital of the company has increased from ₹9,46,36,00,990 consisting of 94,63,60,099 equity shares of ₹10 each to ₹9,46,4 7,30,590 consisting of 94,64, 73,059 equity shares of ₹10 each.

SBI Card shares

The shares of SBI card on Monday at 3:30pm IST were at ₹860, up by 1.62 percent.

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