Jubilant FoodWorks informs about disclosure

31 Dec 2020 Evaluate

Jubilant FoodWorks has informed that the Company has entered into a Share Subscription Agreement and Restated Shareholders’ Agreement to acquire 10.76% stake in Barbeque Nation Hospitality. In this regard, pursuant to provisions of Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations’), the company has enclosed the details of proposed acquisition by the Company in the prescribed format and press Release titled ‘Jubilant Foodworks Limited to invest Rs 92 crores in Barbeque-Nation Hospitality for a 10.76% stake’.

The above information is a part of company’s filings submitted to BSE.



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