Jubilant FoodWorks grants stock options under 2025 scheme

Jubilant FoodWorks Limited (JFL) has granted 1,023,160 stock options to eligible employees under the JFL Employees Stock Option Scheme 2025 (ESOP 2025). The Nomination, Remuneration and Compensation Committee approved the grant on December 1, 2025. Each stock option is convertible into one equity share of the company, with a face value of ₹2 per share. The exercise price for these options is ₹2 per stock option.

The options are subject to pre-vesting conditions, with 100% of the stock options vesting no earlier than July 31, 2028. The exercise period ranges from one to four years, commencing from the date of vesting, depending on the employee category. Lock-in conditions also apply to certain grants as outlined in the grant letter. This initiative aligns with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.