Shyam Benegal, Shobhana Bhartia and Kapila Vatsayan come in place of Fali S Nariman, Lata Mangeshkar and Cho Ramaswamy.
"The decision to change the name has been taken to align ourselves with the branding of the Jubilant Bhartia Group, promoted by Shyam S Bhartia and Hari S Bhartia."
Most chains saw a fall in same-store sales in the December-ended quarter, but that hasn't affected their expansion plans.
The Harvard alum has known the Yale alum for ages, but hit it off recently.
Around 300 promoters serve their company boards for free.