On Thursday, the Reliance Capital has announced a major ESOP scheme under that selected employees across all major operating businesses would be granted the stock options with a notional value of Rs 150 crore.
Reliance Capital is present in insurance, mutual fund, broking and non-banking finance business among others and is a part of Anil Ambani led business conglomerate Reliance Group.
A total of 250 employees of Reliance Capital and its major business units, including Reliance Capital Asset Management, Reliance Commercial Finance, Reliance Life Insurance, Reliance Securities and Reliance General Insurance would be given the ESOPs.
Read EquityPandit’s Technical Analysis of Indian Stock Market