India’s Largest Employee Equity Plan: Vedanta Rolls Out ₹2,500 Cr ESOP

India’s Largest Employee Equity Plan: Vedanta Rolls Out ₹2,500 Cr ESOP

 

 

ESOPs at ₹1 per share; 1,200 freshers get first stock ownership in 2025

New Delhi: Vedanta Limited has set a new benchmark in corporate India by rolling out the country’s largest-ever employee equity programme, announcing a massive ₹2,500 crore ESOP grant for its workforce. The landmark move places Vedanta among a select group of global companies using ownership as a tool for long-term employee wealth creation.

In a first-of-its-kind initiative, the company is offering stock options at a symbolic ₹1 per share, the lowest ESOP price ever in India. With Vedanta’s stock surging nearly 80 percent in the latest vesting cycle, the scheme has already generated over ₹ 300 of crores in wealth—signalling a powerful shift in how manufacturing companies reward performance and loyalty.

Freshers Get Stock Ownership

In a first for the group, Vedanta has extended ESOP benefits in 2025 to 1,200 employees, including fresh graduates and early-career professionals. The company has allocated over ₹500 crore worth of stock options under the ESOP 2025 tranche.

The model is among the most inclusive in India, covering nearly 40 percent of Vedanta’s workforce across plants, departments and career levels. Freshers can earn equity benefits worth up to 30 percent of their annual salary over three years, placing Vedanta among a rare group of Indian firms offering ESOPs at the entry level.

Real Impact on Employees’ Lives

Employees say the scheme has transformed their financial futures—helping them buy homes, fund education, manage medical emergencies, and secure long-term savings.

Neeraj Kumar, Manager at Hindustan Zinc, said the ESOP helped him support his family during a critical time.
S.M. Rehman Qasim of BALCO credited the scheme for easing his children’s education expenses, while Nilesh Bhor from Sterlite Copper called it “a lifeline during an emergency.”

Performance-Linked, Future-Focused

Vedanta’s ESOPs are tied to company performance and reward contributions in automation, digitalisation, AI-driven innovation, sustainability, and operational excellence. The programme reflects Chairman Anil Agarwal’s belief that employees should share directly in the wealth they help create.

With this initiative, Vedanta is reshaping compensation structures in Indian manufacturing—making employee ownership a central pillar of growth.

Notably, Vedanta Group is a global leader in metals, critical minerals, energy and technology, with operations across India, South Africa, Namibia, Liberia, UAE, Saudi Arabia, Korea, Taiwan and Japan. It is the world’s largest integrated zinc producer, the fourth-largest silver producer, and a major aluminum manufacturer. Vedanta has committed to achieving net-zero emissions by 2050 or earlier.

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