Jubilant Foodworks Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
JUBLFOOD · price
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Awaiting price reaction for this filing.
Jubilant Foodworks has informed exchanges about a development in an ongoing Income Tax matter for FY 2017-18. The Income Tax Appellate Tribunal (ITAT), in its order dated July 16, 2025, has referred the matter back to the Assessing Officer with directions to follow before passing a final order. This relates to a Transfer Pricing adjustment of Rs. 17 crores that was earlier appealed by the company (originally disclosed in August 2023). The company has stated it does not anticipate any material financial implications from this development. No penalty, restriction, or sanction has been imposed.
Neutral for shareholders — the matter remains pending with no material financial impact expected, and the issue is procedural rather than an adverse ruling against the company.