Jubilant Foodworks Limited has informed the Exchange about Grant of Options under JFL Employees Stock Option Schemes
JUBLFOOD · price
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Jubilant Foodworks has granted a total of 2,70,255 stock options to eligible employees under two ESOP schemes, as approved by its Nomination, Remuneration and Compensation Committee on July 22, 2025. Under the ESOP 2011 scheme, 1,86,868 options were granted at an exercise price of Rs. 679 per option, matching the prevailing market price. Under the ESOP 2016 scheme, 83,387 options were granted at Rs. 2 per option, which is the face value of the shares and reflects a large discount to market price. Each option is convertible into one equity share of Rs. 2 face value. The options vest in tranches of 20%, 30%, and 50% on the first, second, and third anniversaries of the grant, subject to conditions. The exercise period extends up to 7 years from the first vesting date.
This is a routine employee stock option grant with a small dilution potential relative to the company's total share base. The ESOP 2016 grant at face value is favorable to employees but represents a minor future share issuance that existing shareholders should factor in. No immediate material impact on stock price is expected.