Corporate News     22-Mar-22
Jubilant Foodworks to acquire additional 10% stake in Jubilant Golden Harvest
Jubilant Foodworks announced that pursuant to the share subscription and shareholders' agreement dated 06 March 2018 executed between Jubilant Foodworks (JFL), Jubilant Golden Harvest (JGHL) and Golden Harvest QSR (Golden Harvest), JFL had informed the stock exchanges of JFL's exercise of the call option for acquiring 39% equity stake in JGHL from Golden Harvest (Call Option 1) vide letter dated 30 September 2021.

JFL has now issued a notice to Golden Harvest to exercise its call option for acquiring the remaining 10% equity stake in JGHL from Golden Harvest (Call Option 2). Accordingly, JFL will acquire the complete 49% equity stake of Golden Harvest in JGHL and post the consummation of Call Option 1 and Call Option 2, JGHL shall become a wholly owned subsidiary of JFL.

Previous News
  Jubilant Foodworks
 ( Results - Analysis 23-May-24   09:52 )
  Jubilant Foodworks fixes record date for dividend
 ( Market Beat - Reports 17-Jun-22   12:29 )
  Jubilant Foodworks provides guarantee on behalf of Jubilant Netherlands (subsidiary)
 ( Corporate News - 20-Feb-21   14:33 )
  Volumes jump at Zee Entertainment Enterprises Ltd counter
 ( Hot Pursuit - 26-Jul-21   11:00 )
  Sameer Khetarpal joins Jubilant FoodWorks as CEO, MD
 ( Hot Pursuit - 06-Sep-22   12:01 )
  Jubilant Foodworks Ltd eases for fifth straight session
 ( Hot Pursuit - 10-Mar-21   13:35 )
  Jubilant Foodworks Ltd gains for third consecutive session
 ( Hot Pursuit - 18-Mar-19   13:05 )
  Jubilant Foodworks receives affirmation in credit ratings for CP programme
 ( Corporate News - 11-Aug-20   15:05 )
  Jubilant Foodworks Ltd in demand
 ( Hot Pursuit - 26-Apr-19   13:05 )
  Jubilant Foodworks standalone net profit rises 46.18% in the December 2018 quarter
 ( Results - Announcements 30-Jan-19   18:01 )
  Volumes jump at Jubilant Foodworks Ltd counter
 ( Hot Pursuit - 17-Dec-20   14:30 )
Other Stories
  NIIT allots 75,000 equity shares under ESOP
  03-Oct-24   12:01
  Five-Star Business Finance allots 10,120 equity shares under ESOP
  03-Oct-24   12:00
  J Kumar Infraprojects bags MMRDA road project of Rs 1847.72 cr
  03-Oct-24   11:53
  EFC announces incorporation of two new step down subsidiaries
  03-Oct-24   11:43
  Utkarsh Small Finance Bank appoints Mary Kom and Sunil Chhetri as its brand ambassadors
  03-Oct-24   11:41
  ITD Cementation India wins order of Rs 1,937 cr
  03-Oct-24   10:35
  NIIT Learning Systems allots 1,666 equity shares under ESOP
  03-Oct-24   10:30
  Ashoka Metcast to discuss results
  03-Oct-24   10:29
  Emerald Finance to declare Quarterly Result
  03-Oct-24   10:29
  Rhetan TMT schedules board meeting
  03-Oct-24   10:29
Back Top