Jubilant Foodworks to Acquire 10.76% Stake in Barbeque-Nation Hospitality for Rs 92 Crore
3 years, 11 months ago

Jubilant Foodworks to Acquire 10.76% Stake in Barbeque-Nation Hospitality for Rs 92 Crore

News 18  

New Delhi: Jubilant Foodworks Ltd, which operates fastfood chains Domino’s Pizza and Dunkin’ Donuts in India, on Thursday said it will invest Rs 92 crore into Barbeque-Nation Hospitality Ltd for a 10.76 per cent equity stake. “The company has entered into a share subscription agreement to acquire equity shares and a restated shareholders’ agreement to regulate the rights and obligations of BNHL’s key shareholders,” Jubilant Foodworks said in a regulatory filing. The company said it will invest Rs 92 crore for acquiring the 10.76 per cent stake in BNHL. Jubilant Foodworks Chairman Shyam S Bhartia and its Co-Chairman Hari S Bhartia said the proposed investment will create value for the company’s shareholders.

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History of this topic

Jubilant FoodWorks forays into biryani business with ’Ekdum’
4 years ago

Jubilant FoodWorks forays into biryani business with ’Ekdum’

Live Mint  

Jubilant FoodWorks Limited, which operates the Domino’s Pizza and Dunkin’ Donuts restaurants in India, on Wednesday announced the launch of a new restaurant chain selling biryani under the Ekdum! Jubilant FoodWorks operates 1,264 Domino’s Pizza restaurants across 281 cities. The new brand is part of the company’s strategy to expand its portfolio in India’s food services market that has diversified …

BBQ Nation on D Street: Barbeque Nation Hospitality gets Sebi nod to float IPO
4 years, 5 months ago

BBQ Nation on D Street: Barbeque Nation Hospitality gets Sebi nod to float IPO

India TV News  

Casual dining chain Barbeque Nation Hospitality has received markets regulator Sebi's approval to raise about Rs 1,000-1,200 crore through an initial public offering. Barbeque Nation Hospitality, which had filed its draft papers with Sebi in February, obtained "observations" from the regulator on July 7, latest update with the capital markets watchdog showed. The promoters hold 60.24 per cent, CX Partners …

Barbeque Nation Hospitality gets IPO nod, plans to raise Rs 1,200 crore
4 years, 5 months ago

Barbeque Nation Hospitality gets IPO nod, plans to raise Rs 1,200 crore

India TV News  

Casual dining chain Barbeque Nation Hospitality has received markets regulator Sebi's approval to raise about Rs 1,000-1,200 crore through an initial public offering. The IPO comprises a fresh issue of shares worth Rs 275 crore and an offer-for-sale of up to 98,22,947 equity shares, according to the draft papers filed with the Securities and Exchange Board of India. Barbeque Nation …

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