JSW rolls out across-the-board stock options for steel and energy employees

ESOP to cover 15,000 staff for all grades including workmen, junior, middle, senior management and business leadership

The $13 billion JSW group is rolling out stock options to include the rank and file of JSW Steel and JSW Energy, as a means to reward employees with wealth creation opportunities and ensure that they remain invested in the next phase of growth.

The ESOP (employee stock ownership plan) opportunity is being extended to around 15,000 employees across JSW Steel (13,700) and JSW Energy (1,300) for all grades including workmen, junior, middle, senior management and business leadership.

This is the first such plan in the manufacturing sector where options are being given right from the shop floor worker to