Jubilant FoodWorks Limited

Meeting Details

The 31st AGM was held on Thursday, August 27, 2026, through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 11:00 a.m. IST and concluded at 12:27 p.m. IST. A total of 99 members attended the meeting through VC, representing 266,995,814 equity shares.

Directors and Attendees Present

The following directors were present:

  • Mr. Shyam S. Bhartia (Chairman & Director, Delhi)
  • Mr. Hari S. Bhartia (Co-Chairman & Director, Delhi)
  • Mr. Sameer Khetarpal (CEO & Managing Director, Noida)
  • Mr. Amit Jain (Independent Director and Chairman of Risk Management Committee, Gurugram)
  • Mr. Ashwani Windlass (Independent Director and Chairman of Audit Committee, Delhi)
  • Mr. Abhay P. Havaldar (Independent Director and Chairman of Nomination, Remuneration and Compensation Committee, Mumbai)
  • Ms. Deepa M. Harris (Independent Director and Chairperson of Sustainability and Corporate Social Responsibility Committee, Mumbai)
  • Mr. Vikram S. Mehta (Independent Director and Chairman of Stakeholders Relationship Committee, Delhi)
  • Mr. Shamit Bhartia (Non-Executive Director, Delhi)
  • Ms. Aashti Bhartia (Non-Executive Director, Delhi)

Key Managerial Personnel in attendance:

  • Ms. Suman S. Hedge (EVP & Chief Financial Officer, Noida)
  • Ms. Mona Aggarwal (Company Secretary & Compliance Officer, Noida)

Invitees present:

  • Ms. Jyoti Vaish (Partner of M/s Deloitte Haskins & Sells LLP, Statutory Auditor, Ghaziabad)
  • Mr. Sumit Mangal (Director of M/s Deloitte Haskins & Sells LLP, Statutory Auditor, Noida)
  • Mr. Rupesh Agarwal (Managing Partner of M/s Chandrasekaran Associates, Practicing Company Secretaries, Secretarial Auditor, Delhi)
  • Mr. Rupinder Singh Bhatia (Scrutinizer for e-Voting process, Delhi)

Voting Process and Results

The company provided remote e-Voting facility through National Securities Depository Limited (NSDL) from August 24, 2026 (9:00 a.m. IST) to August 26, 2026 (5:00 p.m. IST). Members who had not cast votes through remote e-Voting were provided opportunity to vote through e-Voting during the AGM.

Total number of shareholders as on record date (August 20, 2026): 351,251

Resolution 1: Adoption of Financial Statements

To receive, consider and adopt:

a) Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors

b) Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors

Voting Results:

  • Total shares voted: 58,68,72,596 (88.9410% of outstanding shares)
  • Votes in favor: 58,67,99,225 (99.9875% of votes polled)
  • Votes against: 73,371 (0.0125% of votes polled)
  • Resolution passed with requisite majority

Resolution 2: Dividend Declaration

To declare a dividend of ₹1.2 per equity share of face value ₹2 each for FY ended March 31, 2026

Voting Results:

  • Total shares voted: 58,68,72,446 (88.9409% of outstanding shares)
  • Votes in favor: 58,68,58,997 (99.9977% of votes polled)
  • Votes against: 13,449 (0.0023% of votes polled)
  • Resolution passed with requisite majority

Resolution 3: Re-appointment of Mr. Shamit Bhartia

To appoint a Director in place of Mr. Shamit Bhartia (DIN: 00020623) who retires by rotation

Voting Results:

  • Total shares voted: 58,68,72,446 (88.9409% of outstanding shares)
  • Votes in favor: 58,52,10,362 (99.7168% of votes polled)
  • Votes against: 16,62,084 (0.2832% of votes polled)
  • Resolution passed with requisite majority

Resolution 4: Re-appointment of Ms. Aashti Bhartia

To appoint a Director in place of Ms. Aashti Bhartia (DIN: 02840983) who retires by rotation

Voting Results:

  • Total shares voted: 58,68,72,444 (88.9409% of outstanding shares)
  • Votes in favor: 57,15,83,216 (97.3948% of votes polled)
  • Votes against: 1,52,89,228 (2.6052% of votes polled)
  • Resolution passed with requisite majority

Chairman's Speech Highlights

Mr. Shyam S. Bhartia delivered a speech highlighting the company's FY26 performance:

  • Consolidated revenue from operations grew 17% to ₹9,513 crore
  • Standalone revenue grew 13% to ₹6,856 crore
  • Domino's India delivered 6.5% like-for-like growth in FY26
  • Global store network expanded by 351 restaurants to 3,636 stores
  • Monthly active users of customer applications grew 25% to 17 million
  • Consolidated EBITDA margin expanded by 29 basis points
  • PAT margin from continuing operations improved by 97 basis points
  • Standalone Return on Capital Employed increased by 70 basis points to 19%
  • Electric vehicles in last-mile delivery fleet increased to 67% (11 percentage point improvement)
  • Popeyes delivered 28% same-store sales growth in FY26
  • DP Eurasia recorded 29% topline growth with PAT margin improving to 8%
  • Businesses in Sri Lanka and Bangladesh turned EBITDA profitable for full year

Dividend Information

The Board recommended a dividend of ₹1.2 per equity share of face value ₹2 each, amounting to ₹79 crore, subject to shareholder approval.

Additional Information

The Integrated Annual Report for FY 2025-26 containing Board's report, financial statements, and AGM notice was circulated to members. Statutory Auditor's Report and Secretarial Auditor's Report for FY 2025-26 contained no qualifications, observations, adverse remarks, or disclaimers.

All documents related to the AGM are available on the company's website (www.jubilantfoodworks.com) and NSDL website (www.evoting.nsdl.com).