SBI Life Insurance Company Limited has successfully concluded its Board of Directors meeting on February 25, 2026, declaring an interim dividend of Rs 2.70 per equity share for Financial Year 2025-26 and approving postal ballot for material related party transactions. The board meeting commenced at 05:45 P.M. and concluded at 06:05 P.M., addressing key corporate actions under Regulation 30 of SEBI Listing Regulations.

Interim Dividend Declaration

The Board of Directors has declared an interim dividend of Rs 2.70 per equity share with face value of Rs 10 each, representing 27% for Financial Year 2025-26. This dividend will be paid to shareholders whose names appear in the Register of Members or Depository records as on the previously announced record date.

Postal Ballot Approval

The Board has approved seeking shareholders' approval through postal ballot for material related party transactions that the company may enter during FY 2026-27. These transactions will be conducted in the ordinary course of business and at arm's length basis, ensuring compliance with Regulation 23 of SEBI Listing Regulations.

Material Related Party Transactions

The postal ballot will seek approval for material related party transactions with four key entities for FY 2026-27. All proposed transactions are designed to be conducted in the ordinary course of business while maintaining arm's length pricing principles.

Official Communication

The board meeting outcome was formally communicated to stock exchanges through letter reference SBIL/CS/NSE-BSE/2526/182 dated February 25, 2026. The communication was digitally signed by Girish Manik, Company Secretary, ensuring compliance with listing requirements for both NSE and BSE.

The postal ballot notice will be circulated electronically to all eligible shareholders, with the complete outcome also available on the company's website at www.sbilife.co.in for stakeholder reference.

SBI Life Insurance Company Limited has issued an important notification to its shareholders regarding the impending transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority. The communication, sent on February 03, 2026, serves as a final reminder for shareholders to claim their outstanding dividends before the mandatory transfer deadline.

Regulatory Compliance and Legal Framework

The notification is issued pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Under Section 124 of the Companies Act, 2013, and the Investor Education and Protection Fund Authority Rules 2016, companies are mandated to transfer all unpaid dividends to the IEPF after completion of seven years. Additionally, shares corresponding to unclaimed dividends for seven consecutive years must also be transferred to the IEPF Authority.

Affected Dividend Periods and Timeline

The company has identified shareholders who have not claimed dividends for seven consecutive years, with unclaimed amounts from multiple periods requiring attention. The affected dividend periods include:

Shareholders have until April 17, 2026, to claim their outstanding dividends before the automatic transfer to IEPF Authority occurs.

Claim Process and Requirements

To claim unclaimed dividends, shareholders must contact the company's Registrar and Share Transfer Agent (RTA) at einward.ris@kffintech.com . The claim process requires:

• Email request stating bank details
• Self-attested copy of client master list
• Payment will be made to the bank account registered against the Demat Account

Post-Transfer Recovery Mechanism

Once shares and dividends are transferred to IEPF, shareholders can still recover them through a structured process:

• Company will issue an Entitlement Letter upon request with supporting documents
• Shareholders must file online application in prescribed Form IEPF-5
• Physical copy with requisite documents must be sent to the company
• Complete guidelines and forms are available on the MCA website at www.iepf.gov.in

Contact Information for Shareholders

For queries and assistance, shareholders can reach out to:

The notification emphasizes that no claims will lie against the company once the transfer to IEPF Authority is completed, making it crucial for affected shareholders to take immediate action before the April 17, 2026 deadline.