Jubilant FoodWorks has informed that Jubilant Foodworks ('Company') has entered into Share Subscription Agreement and Shareholders' Agreement both dated September 22, 2021 to acquire 25.02% stake in Wellversed Health. This investment reflects the Company's intent of making strategic investments in promising start-ups and emerging businesses and is in line with the stated goal of building a multi-brand and multi-country food business powered by technology. In this regard, pursuant to provisions of Regulation 30 read with Schedule III of the Listing Regulations, it attached details of proposed acquisition by the Company in the prescribed format.
The above information is a part of company’s filings submitted to BSE.
