Key Quantitative Figures
- Total options granted: 758,464 across two schemes
- ESOP 2011: 336,754 stock options granted on July 15, 2026
- ESOP 2025: 421,710 stock options granted on July 15, 2026
- Each option is convertible into one equity share of face value ₹2 each
Dates of Action
The Nomination, Remuneration and Compensation Committee (NRC) meeting was held on July 15, 2026, commencing at 10:30 a.m. and concluding at 12:50 p.m. The options were granted on the same date.
Parties Involved
- Jubilant FoodWorks Limited (Company)
- Nomination, Remuneration and Compensation Committee (NRC)
- Eligible employees as determined by NRC
- Mona Aggarwal, Company Secretary and Compliance Officer
Scheme Details - ESOP 2011
- Exercise Price: ₹422 per stock option (based on closing market price of ₹421.50 on NSE on July 14, 2026, rounded to ₹422)
- Vesting Schedule: 20% on first anniversary, 30% on second anniversary, 50% on third anniversary
- Exercise Period: Seven years from the first vesting date
- Lock-in conditions applicable to certain grants
Scheme Details - ESOP 2025
- Exercise Price: ₹2 per stock option as approved by NRC
- Vesting Schedule: 100% vesting between 1-3 years from grant date
- Exercise Period: 1-4 years from vesting date as approved by NRC
- Lock-in conditions applicable to certain grants