Jubilant FoodWorks Ltd will take into account inventory break up to change the capital of the organization when its board will fulfill on 2 February, according to an exchange filing.
“Jubilant FoodWorkss board will take into account proposal for alteration in the cash of the Firm by sub-division/break up of present fairness shares of the Organization acquiring facial area value of Rs. 10/- just about every, completely paid out up,” the corporation said.
Jubilant will also announce its results on 2 February.
JFL, part of the Jubilant Bhartia Team, is India’s greatest foodstuff service organization.
The enterprise now operates more than 1,435 retailers for Domino’s Pizza, Dunkin’ Donuts and Hong’s Kitchen.
It also has franchise rights for Popeyes, an American multinational chain of fried rooster quickly-meals dining places, for India, Bangladesh, Nepal and Bhutan markets.
On Friday, Jubilant FoodWorks shares rose .11% to close at ₹3,923 on NSE. In the final one particular yr, the scrip has risen by 43.54%.
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