Jubilant Foodworks Limited — Important, 30-04-2025: Sale or disposal
30-04-2025 | 11:18 pm
30-04-2025 | 11:18 pm
Jubilant FoodWorks has entered into a share transfer agreement to divest its entire stake in Pizza Restaurants LLC, a subsidiary in Russia, for RUB 100. This unit had a negligible contribution to the consolidated total income in the previous financial year, with a net worth of ₹1,051.06 million, affecting overall performance by 6.5%. The disposal is expected to finalize on or before May 30, 2025, with Mr. Domnin Sergey Anatolyevich as the buyer, who has no ties to the promoter or promoter group.
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