Jubilant Foodworks Grants Stock Options Under Two Employee Schemes
The Nomination, Remuneration and Compensation Committee (NRC) of Jubilant Foodworks Limited (JFL) granted stock options to employees across two distinct schemes: the JFL Employees Stock Option Scheme 2011 (ESOP 2011) and the JFL Employees Stock Option Scheme 2025 (ESOP 2025), during a meeting held on July 15, 2026.The grant involved significant allocations of options for eligible employees under both schemes. The details of the grants, pricing formulas, vesting schedules, and exercise periods are summarized below:
| Scheme | Total Options Granted | Date of Grant |
|---|---|---|
| JFL ESOP 2011 | 3,36,754 | July 15, 2026 |
| JFL ESOP 2025 | 4,21,710 | July 15, 2026 |
Both schemes are structured in accordance with SEBI regulations pertaining to employee benefits.
Key Terms of Stock Option Grants
The two grant types feature different vesting schedules and exercise pricing mechanisms:| Feature | JFL ESOP 2011 | JFL ESOP 2025 |
|---|---|---|
| Total Options | 3,36,754 | 4,21,710 |
| Exercise Price | Rs. 422/- per stock option (based on closing market price of Rs. 421.50 /- rounded to Rs. 422 /-) | Rs. 2/- per stock option |
| Vesting Schedule | • 20% vesting on the first anniversary of grant. <br>• 30% vesting on the second anniversary of grant. <br>• 50% vesting on the third anniversary of grant. | 100% of options vest not earlier than One (1) year and not later than Three (3) years from the date of grant. |
| Exercise Period | Seven (7) years from the first vesting date. | Not earlier than One (1) year and not later than Four (4) years from the vesting date, as approved by NRC. |
The grants are subject to the fulfillment of pre-vesting conditions stipulated in the respective grant letters. Lock in conditions apply to certain grants under both schemes, as approved by the NRC.
JUBLFOOD Stock Price Movement
Shares of Jubilant Foodworks are edging higher to ₹427.9 as of 1:20 PM today, successfully climbing by 1.52% in live trading. The stock maintains strong interest within its intraday range of ₹420.5 and ₹431.25, supported by a volume exceeding 1.21 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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