Reliance Power has announced the grant of 99,92,103 employee stock options under the “Reliance Power Employee Stock Option Scheme, 2024”. The options were approved by the Nomination and Remuneration Committee. These options are available to eligible employees with exercise prices determined by the committee. The vesting period allows exercise within a maximum of 4 years. These grants are designed to incentivize and reward eligible employees.
Employee Stock Option Grant
Reliance Power has approved the grant of 99,92,103 stock options to its eligible employees under the “Reliance Power Employee Stock Option Scheme, 2024”. The decision was made by the Nomination and Remuneration Committee on November 10, 2025.
Key Details of the Option Scheme
The details of the scheme include:
- Options Granted: 99,92,103 options.
- Eligibility: Granted to eligible employees as determined by the Committee.
- Face Value: Each option covers fully paid-up equity shares with a face value of ₹10.
Pricing and Exercising
The exercise price will be determined by the Committee, and it will either be the face value of ₹10 or a price based on the closing market price.
- Some options are granted at face value of ₹10.
- Other options are granted at a 20% discount on the Closing Market Price on the National Stock Exchange of India Limited as on November 07, 2025, i.e., ₹31.35.
The vested options can be exercised within a maximum period of 4 years from the date of vesting, according to the Reliance Power Employee Stock Option Scheme, 2024.
Source: BSE
