Reliance Group launches first employee stock option program

Reliance Group today unveiled its first-ever employee stock option (ESOP) program, benefiting nearly 2,500 employees across its flagship companies, Reliance Infrastructure Limited and Reliance Power Limited. This initiative follows shareholder approval on November 3, 2024, and aims to acknowledge employees' loyalty and contributions to the group's turnaround. Most employees will have the opportunity to exercise their options at a face value of ₹10 per share.

The program highlights the group's commitment to recognizing the significant contributions of its workforce to sustained growth and transformation. It is designed to align employee aspirations with the group’s long-term vision, promoting a culture of inclusion, trust, and shared responsibility, and providing an equitable opportunity for wealth creation.

Reliance Group’s two flagship companies, Reliance Infrastructure and Reliance Power, are currently bank debt-free. Together, they have a combined investor base of over 50 lakh shareholders, employ more than 28,000 people, and manage assets worth ₹1,07,123 crore with a net worth of ₹40,856 crore.