Vedanta hands out ESOPs worth Rs 450 crore in FY2025

Vedanta has awarded stock options worth Rs 450 crore in fiscal 2025 – its largest ever – including even entry-level professionals in its largest ever employee stock options scheme. The stock options scheme will allow employees to buy shares of the company at a deeply discounted rate of Rs 1 per share.

On Monday, shares of Vedanta closed at Rs 431.05 rupees on the BSE, up 2.5% from the previous close.

While most organisations award stock options to only senior and management level employees, earlier this year, the Mahindra group awarded stock options worth Rs 400-500 crore to a large section of its employees, including workers on the shop floor.


“The key idea behind this is to build ownership within the employee base, which is why you don't see Vedanta covering say (only) handful few senior executives like many other organizations, but going very deep in the organization in terms of its coverage,” Manmeet Singh, the deputy chief human resources officer for the company told ET.

The scheme includes freshers, and covers about 45%, or around 5,000 employees within the organisation, he said. The company has a three-year cliff vesting model for the stock options.