After the company notified the market about an upcoming Board meeting to propose an interim dividend for FY 2025-2026, shares of SBI Life Insurance Company Ltd. are probably going to stay in the spotlight. The Board of Directors is scheduled to meet on February 25, 2026, to consider and announce an interim dividend on equity shares, according to the regulatory filing that was submitted to the NSE and BSE.
“The record date for determining the shareholders for the payment of Interim Dividend for FY 2025-26, if any, declared by the Board of Directors of the Company shall be Friday, March 06, 2026. We further inform you that, the window for trading in the equity shares of the Company shall remain closed from Saturday, February 21, 2026 to Friday, February 27, 2026 (both days inclusive) for all Designated persons of the Company and their immediate relatives, in terms of SEBI (Prohibition of Insider Trading) Regulations, 2015,” said SBI Life Insurance Company in a regulatory statement.
SBI Life Insurance Company Limited has informed the stock exchanges about receiving an appellate order under the Goods and Services Tax (GST) framework from the Joint Commissioner of State Tax (Appeal) I, Mumbai, Maharashtra. The communication, received on February 20, 2026, relates to an earlier GST demand order for the financial year 2018-19.
The appellate authority has partially upheld the tax demand that was originally raised against the company. The primary problems are the non-reversal of input tax credit on earnings from securities transactions under Rules 42 and 43 of the MGST Act, the discrepancy between the input tax credit (ITC) claimed in GSTR-3B and GSTR-2A filings, and the input credit received under the blocked credit provisions outlined in Section 17(5) of the SGST Act.
Previously, as revealed on April 30, 2024, the total tax demand was Rs 288.66 crore, comprising Rs 13.14 crore in penalties, Rs 131.49 crore in tax, and Rs 144.01 crore in interest. The demand has dropped substantially since the appellate review. The revised verified demand, which includes Rs 89.75 crore in interest, Rs 6.33 crore in penalties, and Rs 63.36 crore in tax, is now Rs 159.44 crore. This shows that the corporation has received partial relief from the appellate authority.
Despite the reduction in liability, SBI Life has stated that it will file a further appeal before the competent authority or appellate tribunal in accordance with the applicable provisions of the GST Act. The company has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for investors and stakeholders.
SBI Life Insurance Company Limited has issued an important communication to its shareholders regarding the transfer of unclaimed dividends and related equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company informed the stock exchanges on February 3, 2026, that it has sent emails and physical letters to concerned shareholders whose dividend amounts remain unclaimed for an extended period.
As per Section 124 of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, any dividend that remains unpaid or unclaimed for seven consecutive years must be transferred to the IEPF established by the Central Government. In this case, dividends pertaining to FY 2018-2019 and subsequent interim dividends that have remained unclaimed are now due for transfer.
According to the company’s records, certain shareholders have not received dividend payments for seven years in a row. As a result, the corresponding equity shares on which such dividends were not claimed will also be transferred to the IEPF Demat Account, in addition to the unpaid dividend amounts. The corporation will proceed with the transfer without further notice and debit the corresponding demat accounts if shareholders do not claim their dues by April 17, 2026, at the latest.
Shareholders are advised to immediately claim their unpaid dividends by contacting the company’s Registrar and Share Transfer Agent, KFin Technologies Limited, via email with the required bank details and supporting documents. The dividend amount will be credited to the registered bank account linked with the demat account. Importantly, even after the shares and dividend amounts are transferred to the IEPF, shareholders retain the right to reclaim them.
To do so, they must submit a request to the company, obtain an Entitlement Letter, and then file an online application through Form IEPF-5 on the Ministry of Corporate Affairs (MCA) portal. A signed physical copy along with the necessary documents must also be sent to the company for processing.
However, once the transfer is completed, no claim can be made directly against the company for those dividends or shares. Investors must follow the prescribed IEPF procedure for recovery. This communication serves as a final reminder for shareholders to take timely action and prevent the transfer of their financial assets to the IEPF Authority.
SBI Life Target Price
“SBI Life stock price is bullish on the Daily charts with strong support at 2034. A Daily close above resistance of 2110 could lead to a target of 2224 in the near term,” commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.
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