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Reliance Group Unveils Inaugural ESOP Scheme Across Two Major Companies

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Reliance Group Unveils Inaugural ESOP Scheme Across Two Major Companies

Reliance Group on Thursday unveiled its first Employee Stock Options scheme across Reliance Infrastructure and Reliance Power, marking a significant milestone in the conglomerate’s efforts to deepen employee engagement and reward long-term commitment.

According to an official statement, the programme will extend to 2,500 employees across both companies. The Group noted, "The initiative reflects the Group's strong conviction that its employees are its greatest assets and trusted partners in the journey of growth, transformation, and sustainable value creation."

Shareholders granted approval for the introduction of Employee Stock Options on 3 November 2024.

 

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Under the scheme, most eligible employees will be permitted to exercise their options at a face value of ₹10 per share. The Group said this concession recognises the loyalty and substantial contributions of its workforce to the organisation’s ongoing turnaround.

Reliance Infrastructure and Reliance Power collectively represent an investor base exceeding 50 lakh shareholders. Reliance Group itself employs more than 28,000 people, serves millions of consumers and manages assets valued at ₹1,07,123 crore, with a net worth of ₹40,856 crore.

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