Business

Vedanta Delivers India’s Largest Employee Equity Grant in Manufacturing Worth ₹2,500 Crore


Written by Intern Rency Gomes ||Team Allycaral 

New Delhi, January 19, 2026: Vedanta Limited (NSE: VEDL), India’s leading metals, oil & gas, critical minerals, power and technology conglomerate, has delivered one of the largest employee equity initiatives in Indian manufacturing, creating a cumulative financial impact of nearly ₹2,500 crore through Employee Stock Option (ESOP) grants over the past five years.


The latest ESOP 2025 grant alone accounts for stock options worth over ₹500 crore, benefiting nearly 1,200 first-time recipients, including freshers. Vedanta’s ESOP programme is among the most inclusive in the country, covering nearly 40 per cent of its workforce across plants, functions and career levels.

With more than two decades of consistent ESOP administration, employee ownership has become a core part of Vedanta’s organisational culture. Notably, the programme extends equity participation to early-career professionals, with eligible freshers receiving allocations amounting to nearly 30 per cent of fixed pay over a standard three-year vesting cycle—making Vedanta one of the few Indian conglomerates to offer ESOPs at this level.

A defining feature of Vedanta’s ESOP structure is the allotment of shares at a deeply discounted price of Rs.1, among the lowest ESOP pricing in India. This approach reinforces shared ownership while minimising upfront investment for employees. With Vedanta’s share price touching all-time highs, the ESOP programme has enabled thousands of employees to achieve key life milestones such as home ownership, higher education, vehicle purchases and long-term financial security.

The ESOP 2022 vesting cycle delivered over 80 per cent appreciation in share value, generating more than ₹300 crore in wealth for employees, highlighting the strong link between organisational performance and employee rewards.

The programme reflects the vision of Vedanta Chairman Anil Agarwal to democratise wealth creation, accelerate career progression and provide equitable financial opportunities, particularly for young professionals and women. The performance-linked ESOP structure recognises sustained contributions in priority areas such as automation, digitalisation, AI-driven innovation, operational excellence and sustainability.

By extending equity ownership to engineers, plant teams and middle management—groups traditionally excluded from such rewards—Vedanta is redefining compensation practices in Indian manufacturing and reinforcing its belief that employees should directly share in the value they help create.

rip

Anil Agarwal’s Son Agnivesh Agarwal Passes Away at 49 After Cardiac Arrest; Tributes Pour In


Agnivesh Agarwal, the eldest son of Vedanta Chairman and mining billionaire Anil Agarwal, passed away in the United States following a sudden cardiac arrest. He was 49.

According to reports, Agnivesh Agarwal had earlier sustained injuries in a skiing accident in the US and was undergoing treatment at Mount Sinai Hospital in New York. While doctors had initially indicated encouraging signs of recovery, he suffered a sudden cardiac arrest that proved fatal, despite medical efforts.

Agnivesh served on the board of Talwandi Sabo Power Limited (TSPL), a Vedanta Group firm, and was actively involved in the group’s operations. Known for his low-profile presence, he was respected within corporate circles for his professionalism and commitment.

In a deeply emotional message shared on X, Anil Agarwal described the tragedy as “the darkest day” of his life.
“We believed the worst was behind us. But fate had other plans, and a sudden cardiac arrest snatched our son away from us,” he wrote. Expressing the depth of his grief, the Vedanta Chairman added that no parent is ever prepared for such a loss and that the family is struggling to comprehend the magnitude of the tragedy.

Tributes have poured in from across the business community, industry leaders, and well-wishers, many expressing shock and offering condolences to the Agarwal family during this difficult time.

The passing of Agnivesh Agarwal marks a profound personal loss for one of India’s most prominent industrial families and has cast a pall of grief across corporate India.