Business Update16 Jan 2024, 07:27 pm
Jubilant FoodWorks to invest up to Rs. 25 Crores in Jubilant Foodworks Netherlands B.V.
AI Summary
The company has approved making further investments of up to Rs. 25 Crores in Jubilant Foodworks Netherlands B.V., a wholly owned subsidiary of the company. The proposed investment will be utilized towards funding interest payments on credit facilities availed by JFN for acquisition of stake in DP Eurasia N.V. and general corporate purposes.,
Key Highlights
- Investment in Jubilant Foodworks Netherlands B.V.
- Funding interest payments on credit facilities
- Acquisition of stake in DP Eurasia N.V.