Updates

September 21, 2026 The BSE Limited The National Stock Exchange of India Corporate Relationship Department. Limited Phiroze J eej eeb hoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex. Mumbai - 400 001 Bandra (E), Mumbai - 400 051 SCRIP CODE: 543066 SYMBOL: SBICARD SECURITY: Equity Shares/Debentures SECURITY: Equity Shares Dear Sir /Madam, Sub: Intimation under Securities and Exchange Board of India ("SEBI") (Prohibition of Insider Trading) Regulations, 2015 The Board of Directors of the Company at its meeting held on September 21, 2026 has, inter alia, considered and revised the Code of Practices and Procedures for Fair disclosure of Unpublished Price Sensitive Information formulated in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015. The said code is also enclosed herewith. The same will be available on the website of the company. This is for your information and record. For SBI Cards and Payment Services Limited Payal Mittal Chhabra Chief Compliance Officer & Company Secretary SBI Cards and Payment Services Ltd. DLF Infinity Towers, Tower C, Tel.: 18001801290 Registered Office: 12th Floor, Block 2, Building 3, Email: customercare@sbicard.com Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower, DLF Cyber City, Gurugram -122002, Website: sbicard.com E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi -110034 Haryana, India CIN -L65999DL1 998PLC093849 ANNEXURE A CODE OF PRACTICES AND PROCEDURES FOR FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION In pursuance to the Regulation 8(1) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time (“Insider Trading Regulations”), it is required that the Board of Directors of every listed Company shall formulate a code of practices and procedures for fair disclosure of unpublished price sensitive information. UNPUBLISHED PRICE SENSITIVE INFORMATION (i) The Company shall promptly disclose unpublished price sensitive information that would impact price discovery no sooner than credible and concrete information comes into being in order to make such information generally available. The information including but not restricted to: (a) Financial results viz. Statement of Profit & Loss/Statement of Asset & Liabilities/Cash flow Statement; (b) Dividends including interim dividend; (c) Change in capital structure (does not include change in the paid-up share capital pursuant to exercise of stock options under an ESOP Scheme); (d) Public Issue/Buy Back of Securities (e) Mergers, de-mergers, acquisitions, delistings, disposals and expansion of business ,award or termination of order/contracts not in the normal course of business and such other transactions; (f) Changes in key managerial personnel other than due to superannuation or end of term, and resignation of a Statutory Auditor or Secretarial Auditor; (g) Change in rating(s), other than ESG rating(s); (h) Fund raising proposed to be undertaken; (i) Agreements, by whatever name called, which may impact the management or control of the company; (j) Fraud or defaults by the company, its promoter, director, key managerial personnel, or subsidiary or arrest of key managerial personnel, promoter or director of the company, whether occurred within India or abroad; Explanation: a. ‘Fraud’ shall have the same meaning as referred to in Regulation 2(1)(c) of Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003. b. ‘Default’ shall have the same meaning as referred to in Clause 6 of paragraph A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (k) Resolution plan/ restructuring or one time settlement in relation to loans/borrowings from banks/financial institutions; (l) Admission of winding-up petition filed by any party /creditors and admission of application by the Tribunal filed by the corporate applicant or financial creditors for initiation of corporate insolvency resolution process against the company as a corporate debtor, approval of resolution plan or rejection thereof under the Insolvency and Bankruptcy Code, 2016; (m) Initiation of forensic audit, by whatever name called, by the company or any other entity for detecting mis-statement in financials, misappropriation/ siphoning or diversion of funds and receipt of final forensic audit report; (n) Action(s) initiated or orders passed within India or abroad, by any regulatory, statutory, enforcement authority or judicial body against the company or its directors, key managerial personnel, promoter or subsidiary, in relation to the company such 1. search or seizure; or 2. re-opening of accounts under section 130 of the Companies Act, 2013; or 3. investigation under the provisions of Chapter XIV of the Companies Act, 2013; (o) Action(s) taken or orders passed within India or abroad, by any regulatory, statutory, enforcement authority or judicial body against the company or its directors, key managerial personnel, promoter or subsidiary, in relation to the company such as; 1. suspension; 2. imposition of fine or penalty of rupees one lakh or more imposed by sectoral regulator or enforcement agency and fine or penalty of rupees ten lakhs or more imposed by other authority or judicial body; 3. settlement of proceedings; 4. debarment; 5. disqualification; 6. closure of operations; 7. sanctions imposed; 8. warning or caution; or 9. any other similar action(s) by whatever name called; (p) Outcome of any litigation(s) or dispute(s) which may have an impact on the company; (q) Giving of guarantees or indemnity or becoming a surety, by whatever named called, for any third party, by the company not in the normal course of business; (r) Granting, withdrawal, surrender, cancellation or suspension of key licenses or regulatory approvals. (s) such other information as may be deemed to be unpublished price sensitive information by Chief Investor Relations Officer. For identification of above-mentioned events as unpublished price sensitive information, the guidelines for materiality referred at paragraph A and B of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as may be specified by the Board from time to time, shall be applicable. (ii) The UPSI shall be uniform and universally disseminated and due care will be taken to avoid selective disclosure. (iii) In case if the UPSI that gets disclosed selectively, inadvertently or otherwise, prompt steps shall be taken to make such information generally available. DESIGNATION AND ROLE OF CHIEF INVESTOR RELATIONS OFFICER (i) The Chief Financial Officer of the Company shall be the Chief Investor Relations Officer (“CIRO”) for the purpose of the Code. The CIRO shall be responsible for dissemination of information and disclosure of Unpublished Price Sensitive Information and also responding to the queries on news reports and requests for verification of market rumors by regulatory authorities. (ii) In the temporary absence of the CIRO for any reason whatsoever, Managing Director & CEO shall nominate any other official of the Company to be responsible for dissemination of information and disclosure of UPSI. GENERAL OBLIGATIONS FOR PRESERVATION AND DISCLOSURE OF UPSI (i) All unpublished price sensitive information shall be handled on a need to know basis and in accordance with the provisions of the Regulations and any other applicable codes, policies and procedures of SBI Cards and Payment Services Limited (“Company”). (ii) It is clarified that information to be termed as UPSI should be specific and intended to be generally made available at a point of time to ensure it does not lead to creation of a false market in securities. For the purpose of disclosure, the CIRO may consult such officials within [Showing first 8,000 characters — download PDF for full document]