Jubilant FoodWorks Lanka LKR 667M Preference Share Issuance
Subsidiary / Associate Update
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
23rd Jul 2026
Target Entity: Jubilant FoodWorks Lanka (Private) Limited
Type of Deal: Investment via subscription of Optionally Convertible Non-Cumulative Preference Shares (OCPS) in wholly owned subsidiary
Stake/Capacity: 95,271,430 OCPS issued representing 100% ownership (wholly owned subsidiary)
Deal Value: LKR 666,900,010 (Sri Lankan Rupees)
Funding Source: Not explicitly disclosed in the document
Financial Impact: Not disclosed in the document
Timeline:
- Share Subscription and Shareholders' Agreement executed on June 15, 2026
- Issuance of OCPS completed on July 22, 2026
- Regulatory disclosure made on July 23, 2026 at 09:40 hours (IST)
Strategic Rationale: Not explicitly disclosed in the document
Approval Status: Completed issuance as of July 22, 2026
Reference Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Regulation 30
Additional Information:
- This disclosure is a continuation of the company's letter dated June 15, 2026
- The investment is in the form of Optionally Convertible Non-Cumulative Preference Shares (OCPS)
- The information has been disseminated on the company's website under the Investor Relations section
- Digital signature by Mona Aggarwal, Company Secretary and Compliance Officer, dated July 23, 2026