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Jubilant Foodworks to invest Rs 92 cr in BBQ Nation The foodworks company, which operates fastfood chains Domino’s Pizza and Dunkin’ Donuts in India, had only recently announced its foray into the biryani business
Food service firm Jubilant Foodworks Ltd (JFL) is investing Rs 92 crore in Barbeque-Nation Hospitality Ltd (BNHL) for a 10.76 per cent equity stake as it looks to diversify into different cuisines.
JFL, which operates fastfood chains Domino’s Pizza and Dunkin’ Donuts in India, had only recently announced its foray into the biryani business.
“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 on Thursday.