Mahindra and Mahindra will be giving ₹400-500 crore shares to 23,000 employees under a one-time Employees Stock Ownership Plan (ESOP), Group CEO Anish Shah said. The plan covers Mahindra & Mahindra (auto and farm sectors), Mahindra Electric Automobile and Mahindra Last Mile Mobility. It's likely the first time a major Indian firm is extending ESOP to factory floor workers too.