Jubilant Industries has executed an agreement to sell for transfer of portable liquor license of the company for manufacturing of Indian Made Foreign Liquor (IMFL) (License) on November 23, 2020 (Agreement to Sell). The transfer of the License is subject to certain conditions as set out in the Agreement to Sell. Consequent to the transfer of the License, the company shall no longer be manufacturing Indian Made Foreign Liquor.
Jubilant Industries is the flagship Company of Agri and Performance Polymers business of the Jubilant Bhartia group.
