Jubilant Foodworks Limited — Important, 12-02-2025: Updates

The Nomination, Remuneration and Compensation Committee of Jubilant FoodWorks Limited has granted a total of 91,251 stock options to eligible employees under two schemes—the JFL Employees Stock Option Scheme, 2011, and the JFL Employees Stock Option Scheme, 2016. Specifically, 49,490 options were granted under the 2011 scheme, priced at Rs. 661 per option, while 41,761 options were granted under the 2016 scheme, priced at Rs. 2 per option. The vesting schedule for the 2011 options allows for a phased vesting over three years, while the 2016 options will vest 100% within one to three years after the grant date. This move aligns with the company's strategy to incentivize employees and enhance retention, potentially contributing to a stronger workforce and long-term growth. Investors should watch closely for how these options may impact employee motivation and overall company performance moving forward.