Jubilant FoodWorks Limited has informed the Exchange about Intimation of sale of stake in Hashtag Loyalty Private Ltd., an associate company
JUBLFOOD · price
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Jubilant Foodworks has signed a Share Purchase Agreement on December 29, 2025 to sell its entire 31.66% stake in Hashtag Loyalty Private Limited, an associate company, to Mr. Karan Chechani, one of Hashtag's founders. Total consideration is Rs. 6,415.94, with completion expected by February 12, 2026. Hashtag had already discontinued its business operations and contributed nil to JFL's consolidated turnover and net worth in FY2024-25. The company had fully impaired this investment in the previous financial year, meaning the sale is largely a formal exit with minimal recovery. The buyer is not a related party to JFL, and post-transaction, Hashtag will cease to be an associate.
This is a non-material, housekeeping divestment of an already-shut-down associate with no contribution to consolidated financials. Shareholders are unlikely to see any meaningful impact on earnings or stock price, as the investment was fully written off in FY2024-25.