Reliance Group announces ESOP grant across Reliance Infrastructure and Reliance Power

Reliance Group, one of India's leading business conglomerates, today announced its first-ever grant of Employee Stock Options (ESOPs) across its flagship companies - Reliance Infrastructure Limited and Reliance Power Limited. This landmark 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.

Under this initiative, Reliance Group had earlier received shareholder approval on November 3, 2024, to grant Employee Stock Options benefiting nearly 2,500 employees across both companies. The program underscores the Group's commitment to recognising and rewarding the significant contributions of its people to the companies' sustained growth and transformation.

In a particularly progressive move, most employees will be entitled to exercise their options at a face value of ₹10 per share, in recognition of their loyalty and long-standing contribution to the Group's turnaround journey. This initiative provides an equitable opportunity for wealth creation and shared prosperity.

The Employee Stock Option Program has been structured not only to acknowledge past performance but also to inspire continued excellence by aligning employee aspirations with the Group's long-term vision. By extending ownership opportunities to a broad base of employees, the program strengthens a culture of inclusion, trust, and shared responsibility.

Reliance Group continues to focus on generating long-term value for its large and diverse shareholder base of over 50 lakh investors, representing one of the largest investor communities in India. This steadfast commitment to sustainable value creation remains at the heart of the Group's strategy and vision for future growth.

As Reliance Group advances on its journey - Resilient, Renewed, and Resurgent in Growth - this inclusive ESOP initiative reaffirms its enduring commitment to long-term value creation, employee empowerment, and inclusive growth.

Shares of Reliance Infrastructure Limited was last trading in BSE at Rs. 184.75 as compared to the previous close of Rs. 178.40. The total number of shares traded during the day was 360825 in over 3554 trades.

The stock hit an intraday high of Rs. 187.30 and intraday low of 174.00. The net turnover during the day was Rs. 66619481.00.

Shares of Reliance Power Limited was last trading in BSE at Rs. 41.29 as compared to the previous close of Rs. 41.71. The total number of shares traded during the day was 5880534 in over 14882 trades.

The stock hit an intraday high of Rs. 42.57 and intraday low of 41.06. The net turnover during the day was Rs. 246359222.00.

Source : Equity Bulls

Keywords

RelianceInfrastructure INE036A01016 RELINFRA ReliancePower INE614G01033 RPOWER RelianceGroup ESOPGrant