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SBFC Finance Limited issued over 95 million shares under multiple stock option plans
07-Oct-2026, 02:42

SBFC Finance Limited disclosed the issuance of a significant number of shares under its stock option plans, complying with SEBI regulations. The company issued 28,125,000 shares under Stock Option Policy 2023 - I, 28,189 shares under Stock Option Policy 2023 - II, and another 28,125,000 shares under Stock Option Policy 2023 - III, alongside an additional 11,625,000 shares under Stock Option Policy 2023 - II. All shares, identified by ISIN INE423Y01016, will be allotted on October 7, 2026, and will rank pari passu with existing shares. Exercise prices vary across the plans, ranging from Rs. 55 to Rs. 87.33, with a premium of Rs. 45 to Rs. 77.33 respectively, resulting in a substantial increase to the company’s total issued share capital.