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Jubilant FoodWorks’ promoter sells 7.19 lakh shares for Rs 77.16 crore

17 Apr 2013 Evaluate

Jubilant FoodWorks’ promoter entity Weston Investment has offloaded 7.19 lakh shares of the company through open market transaction. The company has sold the same on an average price of Rs 1,073.21 valuing the transaction at Rs 77.16 crore. However, the buyer(s) of the shares could not be immediately ascertained.

At the end of March quarter, Weston Investment held a total of 35.26 lakh shares, amounting to 5.4% stake, in Jubilant FoodWorks.

Jubilant FoodWorks is India’s largest and fastest growing food service company. The company and its subsidiary operates Domino’s Pizza brand with exclusive rights for India, Nepal, Bangladesh and Sri Lanka.

 

Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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