Jubilant Foodworks Limited — Important, 26-12-2024: Arrangements for strategic, technical, manufacturing, or marketing tie up

Jubilant FoodWorks has entered into a Memorandum of Understanding (MoU) with Coca-Cola India Private Limited to purchase a portfolio of sparkling beverages and other products from Coca-Cola's authorized bottlers. The MoU outlines the principal terms for these purchases and includes marketing activities related to both JFL’s franchised and owned brands. A Master Agreement will follow, effective April 1, 2025, formalizing the details outlined in the MoU. This strategic tie-up is expected to enhance JFL's consumer offerings significantly, positioning the company for potential growth in its beverage portfolio. Investors should watch closely as this collaboration could improve market presence and drive sales growth.