Nippon India Mutual Fund Increases Stake in Jubilant FoodWorks through Open Market Purchase
Nippon India Mutual Fund, acting through Nippon Life India Trustee Limited A/c, has increased its holding in Jubilant FoodWorks Ltd following a share purchase transaction conducted in the open market. The acquisition represents a material step by the fund into the consumer food sector company.The purchase transactions were entered into during the period spanning June 01, 2026, to July 10, 2026. Nippon India Mutual Fund is not affiliated with the Promoter group of Jubilant FoodWorks Ltd. The target company, which is listed on the BSE Limited, reported a change in ownership as a result of this acquisition.
The fund's stake prior to the transaction and its updated holding are detailed below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares held by Nippon India Mutual Fund (including PAC) | 4,65,07,002 | 4,85,07,640 |
| Percentage of shares held in Jubilant FoodWorks Ltd | 7.0482% | 7.3514% |
During the acquisition period, Nippon India Mutual Fund acquired 2,000,638 shares carrying voting rights, representing a 0.3032% stake. This transaction was conducted through the open market mode.
The capital structure of Jubilant FoodWorks Ltd prior to and following this purchase maintained an equity share capital / total voting capital of Rs. 1,31,96,90,400, which corresponds to 65,98,45,200 shares at the face value of Rs. 2 per share. The total diluted share/voting capital after the acquisition remains Rs. 1,31,96,90,400 (65,98,45,200 shares at the face value of Rs. 2 per share).
JUBLFOOD Stock Price Movement
Shares of Jubilant Foodworks Limited today slipped by 2.53% to settle at ₹421.5, as the stock closed following a period of selling pressure. The equity traded within an intraday range of ₹419.5 and ₹433.7, with volume recorded at 1.95 million 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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