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30-Dec-2025     12:03
Jubilant FoodWorks pares entire stake in Hashtag Loyalty

According to the company's FY25 annual report, Jubilant FoodWorks had recorded an impairment charge of Rs 24.75 crore on the investment in this associate company Hashtag Loyalty, on account of discontinuance of operations.

Hashtag Loyalty had recorded total income of Rs 2.74 crore in FY25 and its net worth was Rs 0.12 crore as on 31 March 2025.

The company would receive a consideration of Rs 6,415.94 for sale of entire stake in Hashtag. The transaction is expected to be completed on or before 12 February 2026.

Jubilant FoodWorks group ranks among the leading food service companies in emerging markets. Its group network comprises 3,480 stores (as of September 2025) across six markets ' India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. The group has a strong portfolio of brands in emerging markets with franchise rights for three global brands - Domino's, Popeyes and Dunkin' ' and two of its own brands, Hong's Kitchen, an Indo-Chinese QSR brand in India, and a caf' brand - COFFY in Turkey.

The scrip shed 0.27% to currently trade at Rs 561.70 on the BSE.

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