The Nomination and Remuneration Committee of United Foodbrands Limited approved the grant of 13,500 Employee Stock Options (ESOPs) at its meeting held on November 2, 2026. The meeting commenced at 10:30 AM IST and concluded at 10:40 AM IST.
Key Details of the ESOP Grant:
- Total Options Granted: 13,500
- Plan Name: Barbeque Nation Hospitality Limited - Employee Stock Option Plan 2015 (ESOP Plan 2015)
- Face Value: Each option is convertible into one equity share with a face value of ₹5/- each.
- Exercise Price: ₹635.05 per option. This price was determined as the closing price of the company's equity shares on the National Stock Exchange of India Limited (NSE) on October 30, 2026, which was the exchange with the highest trading volume.
- Vesting Schedule: 100% of the options shall vest at the end of 3 years from the date of grant, subject to fulfilment of all vesting conditions.
- Exercise Period: The options may be exercised within 5 (five) years from the date of vesting, subject to the conditions stipulated under the ESOP Plan 2015 and the grant letter.
Compliance:
The grant is in compliance with the SEBI (Share Based Employees Benefits and Sweat Equity) Regulations, 2021. The disclosure is made pursuant to Regulation 30 read with Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 (last updated on January 30, 2026).
Additional Announcements:
The filing is a standalone intimation for the grant of ESOPs and does not contain any other corporate updates.