Mining and metals conglomerate Vedanta Ltd has announced the rollout of Employee Stock Options Scheme (ESOS) worth ₹450 crore for the financial year 2024–25.
The scheme, unveiled on August 31, marks one of the largest ESOP allocations in the company’s history and is aimed at enhancing employee ownership, motivation, and long-term retention.
The ESOS grants will be extended across levels—from senior leadership to fresh recruits—making it one of the most democratised stock option programmes in Indian corporate circles.
Employees will have the opportunity to purchase company shares at a nominal price of ₹1, significantly boosting their wealth creation potential over time.
Vedanta ESOS Scheme Covers Entry-Level to Executive Roles
Vedanta’s ESOS for FY25 includes both top management and early-career professionals, breaking away from the traditional model where stock options are reserved for CXOs and senior executives.
According to the company, fresh recruits are being offered ESOPs amounting to nearly 30% of their fixed pay, a move that could translate into several lakhs in value within three years of joining.
This inclusive approach reflects Vedanta’s broader vision of fostering financial independence and a sense of ownership among its workforce.
The company has been administering its ESOS programme for over two decades.
In the last five years alone, equity awards under the scheme have increased by more than 80%.
Performance Incentive and Wealth-Building Tool
The ESOS is designed not just as a financial benefit but as a performance-linked incentive.
Vedanta allows employees to acquire shares at a deeply discounted price.
This approach rewards their contributions to organizational growth and aligns their interests with the company’s long-term business goals.
In a statement, the company said, “Vedanta Group has set a new benchmark in inclusive wealth creation by awarding ESOS worth over ₹450 crore in FY25.”
The initiative is expected to enhance employee engagement and retention, particularly in a competitive talent landscape.
Employee Impact and Sentiment
Several employees have shared that previous ESOP grants enabled them to achieve important personal milestones.
These include purchasing homes, funding education, and securing financial stability for their families.
The scheme is widely viewed as a gesture of trust and empowerment, especially among younger professionals.
Founder and Chairman Anil Agarwal’s vision of promoting financial independence for women and youth has been central to Vedanta’s approach.
The company is extending stock ownership across its workforce.
Through this initiative, it is positioning itself as a pioneer in employee-centric practices within India’s natural resources sector.
Vedanta Global Footprint and Strategic Outlook
Vedanta Ltd is a subsidiary of Vedanta Resources Ltd.
It operates across multiple countries, including India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan.
Its business spans critical sectors including oil and gas, zinc, lead, silver, copper, iron ore, and steel.
The ESOS announcement comes at a time when Vedanta is actively investing in talent development and operational expansion.
By reinforcing its people-first philosophy, the company aims to build a resilient, high-performing workforce aligned with its global growth ambitions.
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