Jubilant Foodworks Limited — Important, 13-08-2025: General Updates

Jubilant FoodWorks' board has approved a new Employee Stock Option Scheme (ESOP 2025) for granting up to 5 Crore stock options, convertible into equivalent equity shares. This represents 0.76% of current paid-up capital, aiming to align employee interests with long-term shareholder value. The board also approved increasing CEO Sameer Khetarpal's managerial remuneration limit to 10% of net profits, enabling him to exercise his ESOPs. Both proposals are subject to shareholder approval. This move incentivizes key talent while potentially diluting existing shares slightly.