SBI Life Share Price in Focus: Announces 27% Interim Dividend for FY26; Record Date Set for March 6

SBI Life Insurance Company Limited held its Board meeting on February 25, 2026, where it approved an interim dividend and a postal ballot covering several material related party transactions. 

Interim Dividend Declaration Details and Record Dates 

The Board announced an interim dividend of ₹2.70 per equity share, which represents 27% of the face value of ₹10. The dividend is payable to shareholders recorded in the register as of the record date on Friday, March 6, 2026, and will be distributed on or before Friday, March 27, 2026. 

Postal Ballot Notice and Voting Timeline 

A postal ballot will be issued to all shareholders listed on the register as of Friday, February 20, 2026. The e‑voting window opens at 09:00 A.M. IST on Sunday, March 1, 2026, and closes at 05:00 P.M. IST on Monday, March 30, 2026. Shareholders can submit their votes electronically during this period. 

Read More: L&T, SBI Lead as M-Cap of 6 Top Firms Jumps ₹63,000 Crore Last Week! 

Material Related Party Transactions Under Consideration 

The ballot seeks approval for four material related party transactions that may be entered in FY 2026‑27 on an arm‑length basis. These involve State Bank of India, SBI DFHI Limited, SBI Capital Markets Limited, and Yes Bank Limited, each subject to compliance with Regulation 23 of the SEBI Listing Obligations and Disclosure Requirements. 

SBI Life Insurance Share Price Performance  

As of February 26, 2026, at 9:32 AM, SBI Life Insurance share price on NSE was trading at ₹2,094.50 up by 1.01% from the previous closing price.  

Conclusion 

SBI Life’s Board approved a 27% interim dividend of ₹2.70 per share and initiated a postal ballot to obtain shareholder consent for several related party transactions slated for FY 2026‑27. The dividend will be paid to eligible shareholders by late March, while the voting process runs throughout March. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.