Jubilant FoodWorks Ltd.

1:1

The Board of Directors of the Company have recommended dividend of INR 5.00 (Rupees five) per Equity Share of INR 10/- each for the financial year ended March 31, 2018 subject to the approval of the Shareholders in the ensuing Annual General Meeting of the Company. The dividend, if approved, will be paid/dispatched on or before October 7, 2018. The above referred dividend of INR 5.00 (Rupees five) per equity share of INR 10/- each fully paid up for the financial year ended March 31, 2018 is recommended by the Board on the basis of the existing paid up share capital of the Company (pre Bonus Share capital). Upon approval of issuance of Bonus Shares, the dividend payout (post bonus issue) will work out to INR 2.50 (Rupees two and fifty paisa) per equity share of INR 10/- each fully paid-up. 2. discussed a non-agenda item under other matters relating to recommendation for the issue of Bonus Shares, subject to approval of the shareholders of the Company. The Board has recommended issue of Bonus Shares to the holders of equity shares of the Company in the proportion of 1 (one) equity share of INR 10/- (Rupees Ten) each fully paid up for every 1 (one) equity share of INR 10/- (Rupees Ten) each fully paid up held as on the record date. Record date will be intimated in due course. Subject to the shareholders approval, Bonus Shares will be credited to the demat account of the shareholders or share certificates in respect thereof will be dispatched to shareholders on or before July 7, 2018. & Increase in Authorised Capital Approved increase in Authorised Share Capital of the Company from INR 80 crores to INR 150 crores, subject to approval of the shareholders of the Company.