Jubilant FoodWorks Limited has informed the Exchange about Update on sale of stake in Hashtag Loyalty Private Ltd., an associate company
JUBLFOOD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jubilant Foodworks has completed the sale of its full 31.66% stake in associate company Hashtag Loyalty Private Limited to Mr. Karan Chechani, one of Hashtag's founders. The transaction, originally agreed through a share purchase agreement on December 29, 2025, was completed on February 20, 2026. As a result, Hashtag Loyalty has ceased to be an associate of Jubilant Foodworks from the same date. No financial details of the deal have been disclosed in this filing.
This is a non-core divestment with no material impact on Jubilant Foodworks' main Domino's pizza business. Shareholders should expect a small one-time gain or loss in the next quarter depending on the sale price versus book value, but operations and growth outlook remain unchanged.