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Jubilant Foodworks Limited ( (IN:JUBLFOOD) ) has provided an announcement.
Jubilant FoodWorks has agreed to sell its entire 31.66% stake in Hashtag Loyalty Private Limited, an associate company whose business operations had already been discontinued, to one of Hashtag’s founders, Karan Chechani. The company had fully impaired its investment in Hashtag in the previous financial year, and Hashtag contributed negligibly to Jubilant’s consolidated income and net worth, indicating minimal financial impact from the exit. The share purchase agreement, signed on 29 December 2025, values the stake at Rs 6,415.94 and is expected to close by 12 February 2026, after which Hashtag will cease to be an associate, underscoring Jubilant’s move to streamline its portfolio around core operations while avoiding related-party concerns as the buyer is outside its promoter and group entities.
More about Jubilant Foodworks Limited
Jubilant FoodWorks Limited operates in the quick-service restaurant industry, best known as the master franchisee for Domino’s Pizza and other food service brands in India and select international markets. The company focuses on expanding its restaurant network and associated digital and technology capabilities to support its core food-delivery and dining businesses.
Average Trading Volume: 127,540
Technical Sentiment Signal: Sell
Current Market Cap: 369.4B INR
For an in-depth examination of JUBLFOOD stock, go to TipRanks’ Overview page.