ALFA Filings
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SBI Life Insurance received a tax demand order of ₹1.13 Crore from the Rajasthan GST authority. The company intends to appeal against this order.
SBI Life appointed Mr. Nihar Niranjan Jambusaria as an Additional Independent Director for a three-year term effective September 22, 2026.
SBI Life Insurance allotted 55,501 equity shares to employees upon the exercise of vested stock options. This allotment increases the company's paid-up share capital.
SBI Life has reappointed M/s. K S Aiyar & Co. and M/s. J Singh & Associates as Joint Statutory Auditors for FY 2026-27.
SBI Life reported Q1 FY27 results with 23% New Business Premium growth and 22% PAT growth. Management focuses on shifting product mix toward non-par and protection for sustainable profitability.
SBI Life Insurance Company Ltd reported revenue from operations of ₹20,078 Cr (+16.9% YoY) and net profit of ₹724.9 Cr (+22.0% YoY) for Q1 FY27.
SBI Life reported strong FY26 performance with 20% growth in New Business Premium and 12% VNB growth. Focus remains on product diversification towards Non-PAR and protection segments while leveraging a multi-channel distribution strategy.