Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Jubilant Consumer sells 3.47% in Jubilant Foodworks to Credit Suisse (Singapore)

28 Apr 2016Aakash Agarwal1 min read

Quick Facts

What is "Jubilant Consumer sells 3.47% in Jubilant Foodworks to Credit Suisse (Singapore)" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 28 April 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Credit Suisse, JUBLFOOD
What does the "[Jubilant Foodworks](http://snap.capitalmind.in/#/nse/JUBLFOOD)" section say?: Jubilant FoodWorks is a Jubilant Bhartia Group Company.
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Jubilant Foodworks

Jubilant FoodWorks is a Jubilant Bhartia Group Company.

The Company & its subsidiary operates Domino’s Pizza brand with the exclusive rights for India, Nepal, Bangladesh and Sri Lanka.

The Company launched Dunkin’ Donuts in India in April 2012 in Delhi. The Company has 70 Dunkin’ Donuts restaurants in India (as of February 11, 2016).

Jubilant Consumer Pvt. Ltd. which held 20,171,954 shares or 30.66%, today sold 2,370,170 or 3.60% thereby reducing its stake to 17,801,784 shares or 27.06%.

Part of this stake sale was purchased by Credit Suisse (Singapore) i.e. 2,285,596 shares or 3.47%.

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.