StockWatch
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Restaurants
Investment23 Jul 2026, 07:00 pm

Jubilant FoodWorks Lanka Completes ₹66.69 Cr OCPS Issuance

AI Summary

Jubilant FoodWorks Limited has announced the completion of its investment in its wholly owned subsidiary, Jubilant FoodWorks Lanka (Private) Limited. The company subscribed to 95,271,430 Optionally Convertible Non-Cumulative Preference Shares (OCPS) for an aggregate consideration of LKR 666,900,010 (approximately ₹66.69 crore). This issuance is a continuation of a prior agreement dated June 15, 2026. The event was officially completed on July 22, 2026, with the disclosure made on July 23, 2026. This move signifies continued financial commitment to its Sri Lankan operations.

Key Highlights

  • Jubilant FoodWorks Lanka completed OCPS issuance.
  • Investment amount totals LKR 666,900,010.
  • Subsidiary is wholly owned by Jubilant FoodWorks.
  • Transaction follows prior Share Subscription Agreement.