Legal20 Feb 2026, 06:04 pm
Jubilant FoodWorks Ltd Completes Sale of Entire Stake in Hashtag
AI Summary
Jubilant FoodWorks Limited has completed the sale of its entire stake (31.66%) in Hashtag to Mr. Karan Chechani, one of the founders of Hashtag. This transaction was executed on February 20, 2026, following the share purchase agreement announced on December 29, 2025. As a result, Hashtag has ceased to be an associate of the Company. This information is being disseminated on the Company’s website under the Investor Relations section.
Key Highlights
- Jubilant FoodWorks Ltd has completed the sale of its entire stake in Hashtag
- The sale transaction was executed on February 20, 2026
- Hashtag has ceased to be an associate of the Company
- The transaction is in line with the share purchase agreement announced on December 29, 2025
- The information is being shared on the Company’s website under the Investor Relations section