Jubilant Foodworks Limited — Important, 14-05-2025: General Updates
14-05-2025 | 04:28 pm
14-05-2025 | 04:28 pm
Jubilant FoodWorks has announced a board meeting and approved revoking corporate guarantees worth EUR 116 million for its Netherlands subsidiary, potentially replacing them with alternative arrangements. Tejaswi Narasimha Nori has been promoted to Senior VP and Business Head for Hong’s Kitchen and Dunkin’. Chandrasekaran Associates is appointed as Secretarial Auditors for five years, pending shareholder approval. These steps reduce financial risk and strengthen senior leadership to drive brand growth and operational efficiency.
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