SBI Life Declares Interim Dividend and Sets Postal Ballot for Related-Party Deals in FY 2026-27

SBI Life Insurance Company Limited reported key board decisions after a meeting on February 25, 2026. The Board cleared an interim dividend for FY 2025-26. It also began a postal ballot to seek shareholder consent. The ballot covers planned related-party transactions for FY 2026-2027 under SEBI rules.

The Board declared an interim dividend of Rs 2.70 per equity share. Each share has a face value of Rs 10. The payout equals 27% for FY 2025-26. Shareholders on record as of March 6, 2026 will qualify. SBI Life plans to pay the dividend on or before March 27, 2026.

On February 26, 2026 at 2:15 PM IST, SBILIFE traded at Rs 2,069.00 on NSE. The price was down 0.22% from Rs 2,073.60. The stock opened at Rs 2,080.00. It moved between Rs 2,063.30 and Rs 2,103.40. Volumes stood at 3,93,027 shares.

Metric	Value
Market capitalisation	Rs 2.07 trillion
P/E ratio	83.88
P/B ratio	12.24
TTM EPS	Rs 24.72
52-week high	Rs 2,132.00
52-week low	Rs 1,379.85

"SBI Life insurance stock price is slightly bullish on the Daily charts with strong support at 2075. A Daily close above resistance of 2100 could lead to a target of 2204 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades. Separately, Motilal Oswal kept a "buy" rating. It set a target price of Rs 2,570. It cited strong Q3FY26 earnings.

Alongside the dividend, the Board approved a postal ballot process. Shareholders will vote on several related-party transactions for FY 2026-2027. SBI Life said the deals are in the normal course. It also said pricing will be arm’s length. The related entities include State Bank of India, SBI DFHI Limited, SBI Capital Markets Limited, and Yes Bank Limited.

SBI Life said the postal ballot notice will go by email on February 28, 2026. The eligibility cut-off date is February 20, 2026. E-voting opens on March 1, 2026 at 9:00 AM (IST). It closes on March 30, 2026 at 5:00 PM (IST). This lets eligible shareholders vote through digital channels.

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With the February 25, 2026 board meeting completed, SBI Life set a dividend timeline and a March record date. It also started a shareholder voting process for FY 2026-2027 related-party transactions. Meanwhile, the stock traded near Rs 2,069 on February 26, 2026, with defined intraday levels and published valuation metrics.