Jubilant FoodWorks Ltd - Announcement under Regulation 30 (LODR)-Acquisition
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| 22 Sep 2021 | |
| In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ('Listing Regulations'), we wish to inform that Jubilant Foodworks Limited ('Company') has entered into Share Subscription Agreement and Shareholders' Agreement both dated <BR> September 22, 2021 to acquire 25.02% stake in Wellversed Health Private Limited. <BR> <BR> 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.<BR> <BR> In this regard, pursuant to provisions of Regulation 30 read with Schedule III of the Listing Regulations, please find attached herewith details of proposed acquisition by the Company in the prescribed format. <BR> <BR> This is for your information and records. | |
| View all announcements for Jubilant FoodWorks Ltd | Source: BSE India |
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