Jubilant FoodWorks Limited has withheld the payment of its FY26 dividend of ₹1.20 per equity share for a subset of shareholders. The non-credit stems from incomplete bank account details or non-submission of mandatory KYC documents, preventing electronic transfer as mandated by regulatory norms.

The company notified stock exchanges that dividends could not be processed electronically for folios where records held by the Registrar & Transfer Agent (RTA) or depositories were incomplete or incorrect. Consequently, these amounts remain in the Company's Unpaid Dividend Account rather than being credited to investor bank accounts.

Regulatory compliance and payment mandate

Under Regulation 12 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, listed entities must disburse dividends exclusively through electronic modes approved by the Reserve Bank of India. This rule necessitates accurate bank mapping and valid KYC status for successful credit. Shareholders holding physical shares are required to submit Forms ISR-1 and ISR-2 to the RTA, while demat holders must update their details directly with their Depository Participants.

Claiming unpaid amounts

Investors seeking to claim their withheld dividends must ensure their PAN and KYC details are updated. For demat holdings, submitting a self-attested Client Master List (CML) reflecting current bank details is essential. The RTA, MUFG Intime India Private Limited, provides specific formats for these updates on its website.

Statutory timeline for unclaimed funds

Shareholders should note the statutory deadline for claiming these amounts. Pursuant to Sections 124 and 125 of the Companies Act, 2013, any dividend remaining unpaid or unclaimed for seven consecutive years is transferred to the Investor Education and Protection Fund (IEPF). Additionally, the corresponding equity shares may also be transferred to the IEPF authority if the dividend remains unclaimed for this period.

Jubilant Foodworks Ltd has accepted the resignation of Virender Singh Sehrawat, Executive Vice President & Head - Integrated Supply Chain. The departure is effective November 13, 2026.

Sehrawat submitted his resignation via email on September 10, 2026, citing an external opportunity as the reason for leaving. His last working day will be close of business hours on November 13, 2026.

Regulatory Disclosure

The company disclosed the change in senior management pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made on September 15, 2026.

Mona Aggarwal, Company Secretary and Compliance Officer, signed the disclosure. The intimation was disseminated on the company's website under the Investor Relations section.