Jubilant FoodWorks Limited, India’s largest foodservice company, announced the appointment of Suman Hegde as Executive Vice President and Chief Financial Officer, with effect from March 1, 2024. Suman brings over 20 years of experience across a broad spectrum of leadership positions in the finance function. She will be joining Jubilant FoodWorks from Hindustan Unilever Limited,…
Food service company Jubilant FoodWorks Limited announced the resignation of Ashish Goenka as Chief Financial Officer of the company, with effect from December 15, 2023. According to the company’s exchange filing, “In terms of Regulation 30 of the Listing Regulations, we wish to inform that Mr. Ashish Goenka, President & Chief Financial Officer (CFO) and…
Jubilant Foodworks Netherlands B. V. (JFN), a wholly-owned subsidiary of Jubilant FoodWorks Limited, announced it has increased its stake in DP Eurasia N.V., the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan and Georgia. According to the company’s exchange filing, “we wish to inform that Jubilant Foodworks Netherlands B.V. (“JFN”), wholly owned…
Jubilant FoodWorks Limited, India’s largest food service company, shared the joining announcement of its new CEO and Managing Director – Sameer Khetarpal. Shareholders have also approved his appointment in the 27th Annual General Meeting of the Company convened on August 30, 2022. Sameer has served in numerous senior leadership roles during his 25-year career in…
Jubilant Foodworks Limited has acquired 25.02% stake in Wellversed Health Private Limited. According to the exchange filing, “we wish to inform that Jubilant Foodworks Limited (“Company”) has entered into Share Subscription Agreement and Shareholders’ Agreement both dated September 22, 2021 to acquire 25.02% stake in Wellversed Health Private Limited.” Wellversed Health Private Limited (Wellversed) is…
Jubilant FoodWorks Ltd has roped in Ekhlaque Bari as Chief Information Officer. Most recently, he served Fullerton India as EVP – CTO & Head of Analytics. In his new role, Ekhlaque will lead the digital transformation initiatives and will strategically manage IT to benefit the business. Ekhlaque has over 25 years of experience across BFSI, Manufacturing…
Jubilant FoodWorks has fully acquired Fides Food Systems Rs 250 crore through its Jubilant FoodWorks Netherlands BV – its’ wholly-owned subsidiary. “We are happy to announce our acquisition of Fides for 32.81 per cent equity stake in DP Eurasia, one of the large master franchisee of the Domino’s Pizza brand. We have been partners with Domino’s in…
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…
Jubilant FoodWorks Limited (JFL), one of the largest foodservice companies in India and master franchisee of Domino’s Pizza and Dunkin’ Donuts, announced its entry into the Rs 500 crore ready-to-cook segment with the launch of a new brand, ‘ChefBoss’. The ‘ChefBoss’ range of sauces and pastes includes eight different products across two types of cuisines…
Domino’s Pizza, the market leader in chained pizza segment in India, has introduced “Zero Contact Delivery” across all its 1,325 restaurants in the country. This service will allow customers to receive their order without coming in contact with the delivery staff. This feature has been introduced as an additional precautionary measure to ensure the safety…