Neopolitan Pizza and Foods Limited, a BSE SME listed Quick Service Restaurant (QSR) company, has entered into a Master Franchise Agreement for the state of Maharashtra as part of its ongoing business expansion strategy.
The agreement represents a strategic development in the company's franchise network and is intended to strengthen the brand's presence across Maharashtra through a regional franchise management structure. The Master Franchise Agreement covers franchise development and operational coordination within the state of Maharashtra, in accordance with the terms mutually agreed between the parties.
Dr. Mukund Purohit, Founder & Managing Director of the company, commented that Maharashtra remains an important market for the food and hospitality industry, and the agreement reflects the company's continued focus on expanding the Neopolitan Pizza brand through strategic franchise associations in key growth regions.
The company continues to strengthen its presence in the organized QSR segment through a combination of company-operated and franchise-based business models. Founded in 2012, Neopolitan Pizza and Foods Limited is a Gujarat-based QSR company engaged in pizza and food service operations through franchise and company-operated formats, listed on the BSE SME platform.
The document was digitally signed by Mukund Purohit on May 27, 2026, at 15:24:12 IST.