Jubilant Foodworks Limited — Important, 08-11-2024: General Updates

Jubilant FoodWorks Limited has granted 17,374 stock options under its Employee Stock Option Scheme to eligible employees. Each option is convertible into one equity share with a face value of Rs. 2. The options will vest between one to three years, and can be exercised within one year from the vesting date. The exercise price is set at Rs. 2 per stock option. This announcement aims to enhance employee motivation and retention.