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.

EduConnect

CM Dr. Pramod Sawant Engages with NSE to Boost Financial Literacy for Goan Youth


Chief Minister Dr. Pramod Sawant recently visited the National Stock Exchange (NSE) in a significant step toward promoting financial literacy and market awareness among the youth of Goa. During his visit, he engaged in in-depth discussions on initiatives focused on educating students and young professionals about stock markets, investment practices, and economic opportunities.

The visit also included a review of the Memorandum of Understanding (MoU) signed earlier between NSE and the Directorate of Higher Education, which aims to bridge the knowledge gap by introducing structured financial education in academic institutions across Goa.

Dr. Sawant emphasized that financial literacy is an essential life skill in today’s fast-evolving economic landscape. He reiterated that such collaborative initiatives will empower the next generation with practical insights into financial management, strategic investments, and understanding economic trends. The goal is to prepare students to make informed financial decisions and actively participate in the nation’s economic growth.

This move aligns with the broader vision of creating a financially aware and economically capable youth population in Goa, ultimately contributing to a more resilient and growth-oriented state economy.

Business

National Stock Exchange of India (NSE) and Government of Goa Join Hands to Launch ‘Student Skilling Program’ in BFSI Sector


Goa, February 27, 2025 – The National Stock Exchange of India (NSE) and the Government of Goa have joined forces to launch the ‘Student Skilling Program’ aiming to equip the youth of Goa with industry relevant skills in Banking, Financial Services, and Insurance (BFSI) sector. A Memorandum of Understanding (MoU) has been signed between the two entities, marking a significant step towards empowering young individuals with industry-relevant skills and enhancing their employability in the BFSI sector. Goa is the 5th state after Uttarakhand, Meghalaya, Chhattisgarh and Assam to partner with NSE on skilling youth.

The MoU was exchanged between Shri Bhushan K. Savaikar, Director, Directorate of Higher Education, Government of Goa and Shri Sriram Krishnan, Chief Business Development Officer, NSE in the presence of Hon’ble Chief Minister of Goa, Dr. Pramod Sawant at Government College of Arts, Science and Commerce, Sanquelim, Goa.

Goa, with its expanding financial ecosystem, is well-positioned to be a significant contributor to this sector, provided its youth are equipped with the right skills. NSE’s Student Skilling Program initiative aligns with the Government of Goa’s vision of unlocking human capital thereby, enabling financial well-being and social mobility. NSE and the state of Goa have prioritized skill development and are committed to bridging the skill gap and enhancing employment opportunities for the youth of the state.

The Student Skilling Program will be conducted in two levels. Level 1 is a 20-hour training program, upon completion of which students will be certified in the ‘Foundation Course in BFSI.’ This will equip students with essential financial management skills, ensuring both personal and professional growth. Level 2 is a 30-hour advanced training program designed to prepare students for the NISM regulatory examination. Successful candidates will gain nationwide industry-recognized certification, enhancing their job prospects in the capital market.

Shri Ashishkumar Chauhan, MD & CEO, NSE said “This partnership with the Government of Goa reflects our commitment to bridging the skill gap in the BFSI sector. By providing structured, high-quality training, we aim to create a workforce that is future-ready and aligned with the evolving needs of the financial industry.”

Dr. Pramod Sawant, Chief Minister, Goa, said “The signing of this MOU between the National Stock Exchange and the Government of Goa marks a significant milestone in our commitment to

equip Goan youth with industry-relevant skills in the Banking, Financial Services, and Insurance sector. This Student Skilling Program will create pathways to rewarding careers for our talented young people while simultaneously addressing the growing demand for skilled professionals in

the capital markets space. By partnering with a premier institution like NSE, we are ensuring that our students receive world-class training that aligns with industry standards and emerging trends. This collaboration is a testament to our government’s vision of transforming Goa into a knowledge hub and empowering our youth to thrive in the global economy.”