Vedanta Oil and Gas Approves Employee Stock Option and Purchase Plans for Employees
Vedanta Oil and Gas Limited (formerly Malco Energy Limited) has announced the approval of two new employee incentive schemes: the Vedanta Oil and Gas Limited - Employee Stock Option Plan 2026 (VOGL ESOP 2026) and the Vedanta Oil and Gas Limited - Employee Stock Purchase Plan 2026 (VOGL ESPP 2026). These plans are designed to grant options and allow purchase opportunities to eligible employees of the company and its subsidiaries.The schemes, which were approved by the Board of Directors on July 29, 2026, target granting options for up to 5% of the total paid-up share capital through the ESOP component. The plan will be implemented via the creation of...