Vesting of ~1.87 lakh Units Under SBI Card Employee Stock Option Plan 2023
SBI Card told the exchanges that ~1.87 lakh Units vested on October 18, 2026 under the SBI Card Employee Stock Option Plan 2023.
By ScoutQuest · · 1 min read
- Vested Units
- ~1.87 lakh Units vested on October 18, 2026
- Restricted Share Units
- 103615
- Performance Share Units
- 83549
What the company informed the exchanges
- ~1.87 lakh Units vested on October 18, 2026 under the SBI Card Employee Stock Option Plan 2023 (ESOP Plan 2023).
- Of this, 103615 are Restricted Share Units and 83549 are Performance Share Units.
- The date and time of the event is given as October 18, 2026 at around 08.30 AM.
- The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What vesting means
Vesting is the stage at which units granted to employees under a stock plan become due to them, after the waiting or performance conditions set in the plan are met. Until vesting, the units are only a right that may or may not mature.
Two kinds of units in this update
- Restricted Share Units: employee units that vest on meeting the plan's time-based conditions.
- Performance Share Units: employee units that vest on meeting performance conditions set under the plan.
How a retail investor can read this
- This is a routine employee stock plan disclosure, not a business or earnings announcement.
- It tells you how many employee units vested on this date, giving a sense of ongoing employee stock plan activity at the company.
- The figures are unit counts, not rupee amounts, and no price or value is attached to them in the update.
Also from SBI Cards and Payment Services
SBI Card Q2 FY'27 earnings call audio recording link disclosed; call held October 23, 2026
23 Oct 2026
ICRA AAA (Stable)/A1+ reaffirmed on Rs. 75,050.00 crore; Rs. 800 crore NCDs reaffirmed and withdrawn
23 Oct 2026
SBI Card Q2 FY27: PAT up 75% YoY to ₹778 Cr as credit cost falls to 5.6%, GNPA below 2%
23 Oct 2026
More numbers
- Total Units vested on October 18, 2026187164
- Restricted Share Units vested103615
- Performance Share Units vested83549
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