<h1>Jubilant Foodworks Completes Subscription of Optionally Convertible Preference Shares in Subsidiary</h1>
Jubilant Foodworks Limited, a Jubilant Bhartia Company, has successfully completed the issuance of Optionally Convertible NonCumulative Preference Shares (OCPS) in its wholly owned subsidiary, Jubilant Sri Lanka.
The share subscription event took place on July 22, 2026. Through this transaction, Jubilant Foodworks acquired 95,271,430 OCPS of the subsidiary. The total aggregate consideration for these shares amounted to LKR 666,900,010.
This investment solidifies Jubilant Foodworks Limited's stake in its wholly owned entity, reinforcing corporate structure within the company’s operations.
JUBLFOOD Stock Price Movement
Jubilant Foodworks Limited shares closed lower today, shedding ₹4.95 or 1.19% from the previous close and settling at ₹412.30.The decline brought the stock dangerously close to its 52-week low of ₹408.80 amidst heavy selling, with a reported volume of 911,817 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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