Jubilant Foodworks Limited — Others, 26-02-2025: Change in Management

Mr. Avinash Kant Kumar, President – CTS at Jubilant FoodWorks, has resigned to pursue an external opportunity, with his last working day set for April 14, 2025. The company will appoint his successor in due course. This leadership change is significant as Kumar has been with the company for over a decade, potentially impacting ongoing initiatives in international business and corporate social responsibility. Investors may view this transition as a neutral impact with a focus on ensuring continued growth under new leadership, while assessing the strategic direction of the company moving forward.