Reliance Infra, Reliance Power Employees to Receive First ESOPs from Reliance Group

The Reliance Group, led by its infrastructure and power businesses, has taken a significant step in employee retention and value-creation by announcing its inaugural Employee Stock-Option Plan (ESOP) for staff working at Reliance Infrastructure and Reliance Power.
The initiative reflects the group’s commitment to treating employees as partners in the company’s turnaround journey.
Key Development
The ESOP scheme covers 2,500 employees across the two companies. Almost all eligible employees will be able to purchase options at a face value of ₹10 per share, a symbolic price that acknowledges their loyalty and long-standing service. The board had already secured shareholder approval for the ESOP grant on 3 November 2024.
Reliance Infrastructure and Reliance Power together handle an investor base of over 50 lakh shareholders. The group itself reports assets amounting to ₹1,07,123 crore and a net worth of ₹40,856 crore, employing more than 28,000 people countrywide.
Key Insights
By offering equity-linked incentives, the Reliance Group aims to deepen employee alignment with long-term value creation, particularly in its key infrastructure and power arms. The ₹10 exercise price signals intent to reward service rather than speculative gain, while aligning the workforce with the company’s broader transformation agenda.
The move comes at a time when infrastructure companies are highlighting human capital alongside capital investment as a driver of sustainable growth.
Read More: Reliance Infra, Reliance Power Plunge Up to 54% from June Highs After ED Asset Attachment!
Conclusion
Reliance Group’s first-ever stock-option programme across Reliance Infrastructure and Reliance Power is a meaningful step in recognising employee contribution and creating shared ownership. At the same time, it underscores the group’s intention to integrate human capital into its value-creation strategy as it drives growth in India’s infrastructure and power sectors.
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Published on: Nov 14, 2025, 3:40 PM IST

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