RELIANCE Levels // 4 HOUR

29 Ogo

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Employee Stock Option Plans (ESOPs): Ahead of its anticipated initial public offering (IPO), Reliance Retail granted ESOPs worth ₹351 crore to 15 senior executives during the last financial year. The company issued 4.417 million shares at ₹796.5 per share to top-level employees, demonstrating its commitment to retaining and rewarding key leadership.

Reliance Retail, owned by Mukesh Ambani, is India’s largest retailer, serving 304 million registered customers and welcoming over 1.06 billion footfalls across its stores in the financial year 2023-24. Its diverse portfolio spans grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals. Notable brands under Reliance Retail include Smart Bazaar, 7-Eleven, Fresh Signature, Freshpik, Netmeds (pharma), Tira (beauty), Reliance Digital, MyJio Store (electronics), and retail chains like Trends, Reliance Jewels, and Hamleys.