Tag: equity stake

Jubilant Foodworks to buy 10.76% stake in Barbeque-Nation Hospitality

Jubilant Foodworks Limited, a foodservice company in India, has announced an investment of Rs. 92 crores into Barbeque-Nation Hospitality Limited for an equity stake of 10.76%. Towards this end, the Company has entered into a Share Subscription Agreement to acquire equity shares and a Restated Shareholders’ Agreement to regulate the rights and obligations of BNHL’s…