
Investment15 Jun 2026, 07:20 pm
Jubilant FoodWorks Invests ₹19 Cr in Sri Lanka Subsidiary
AI Summary
Jubilant FoodWorks Limited has invested LKR 666,900,010 (approximately INR 19 Crores) in its wholly-owned Sri Lankan subsidiary, Jubilant FoodWorks Lanka (Private) Limited. The investment is in the form of Optionally Convertible Non-Cumulative Preference Shares (OCPS) and will be utilized for business operations and expansion, including capital expenditure. The transaction is considered a related party transaction but is conducted at arm's length. Jubilant Sri Lanka's financial performance for FY2026 showed a turnover of LKR 4,437,398,222 and a PAT of (LKR 400,837,313). The investment is expected to be completed within three months.
Key Highlights
- Jubilant FoodWorks invests ~₹19 Cr in its Sri Lankan subsidiary.
- Investment is via Optionally Convertible Preference Shares.
- Funds to support business operations and expansion in Sri Lanka.
- Transaction is a related party deal at arm's length.
- Subsidiary reported FY26 turnover of LKR 4.44 Bn.
Price Impact
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