Deals30 March 2026 at 11:34 am
Jubilant FoodWorks to Not Renew Dunkin' Development Rights After 2026
AI Summary
Jubilant FoodWorks Ltd announced that its Board of Directors has approved the non-renewal of the development rights for Dunkin' brand in India upon expiry of its current term ending December 31, 2026. The company will evaluate and undertake appropriate actions for existing Dunkin' brand operations, including rationalisation, cessation of certain operations, and sale, transfer, or disposal of assets and franchise rights. The decision will not have any material operational or financial impact on the company.
Key Highlights
- Jubilant FoodWorks approved non-renewal of Dunkin' development rights in India after 2026
- Company to evaluate and undertake appropriate actions for existing Dunkin' brand operations
- Decision will not have any material operational or financial impact on the company
- Dunkin' contributed 0.61% to Jubilant FoodWorks' revenue and (9.85%) to its profit after tax in FY 2024-25
- Rationalisation, cessation of certain operations, and sale, transfer, or disposal of assets and franchise rights to be considered
JUBLFOODRestaurants
Jubilant FoodWorks LtdPrice Impact