Jubilant FoodWorks has received its board approval to the increase in investment limit for Foreign Institutional Investors (FIIs) and / or foreign portfolio investors, by whatever name called, from 49% to 55% of the paid up equity share capital of the Company subject to the approval of its shareholders by way of a special resolution and other necessary approvals, if any. The board at its meeting held on February 04, 2014 has approved for the same.
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.
