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.
