Jubilant Foodworks Limited — Others, 14-05-2025: Appointment

Jubilant FoodWorks has announced a board meeting that approved revoking corporate guarantees worth EUR 116.085 million for its wholly owned subsidiary’s borrowings, with plans to possibly replace them with non-recourse arrangements. The company promoted Tejaswi Narasimha Nori to Senior Vice President and Business Head for Hong’s Kitchen and Dunkin’, leveraging his 20+ years of leadership across FMCG and media sectors. Additionally, Chandrasekaran Associates was appointed as Secretarial Auditors for five years, pending shareholder approval. These moves reflect strategic financial and leadership adjustments to support growth and governance.