Jubilant FoodWorks has granted 1,023,160 stock options to eligible employees under its Employee Stock Option Scheme 2025. The grant, approved by the Nomination, Remuneration and Compensation Committee (NRC) on December 01, 2025, is convertible into equity shares at ₹2 per share. These options will vest no earlier than July 31, 2028, with an exercise period ranging from one to four years.
ESOP 2025 Grant Details
Jubilant FoodWorks (JFL) has announced the grant of stock options to its employees under the JFL Employee Stock Option Scheme 2025 (ESOP 2025). The Nomination, Remuneration and Compensation Committee (NRC) approved the grant on December 01, 2025. A total of 1,023,160 stock options were granted to certain eligible employees as determined by the NRC.
Key Terms of the Options
The grant involves 1,023,160 stock options, each convertible into one equity share of the Company with a face value of ₹2. The exercise price for each option is set at ₹2, as approved by the NRC.
Vesting and Exercise Period
The stock options are subject to pre-vesting conditions. 100% of the stock options will vest no earlier than July 31, 2028, according to the vesting schedule approved by the NRC. The exercise period for these options ranges from one to four years, depending on the employee category, commencing from the date of vesting, also as approved by the NRC.
Additional Information
The terms and conditions applicable to the grant are as approved by the NRC and mentioned in the grant letter provided to the employees. Lock-in conditions are applicable to certain grants.
Source: BSE
