Jubilant FoodWorks Strengthens Sri Lanka Business with Fresh Capital Infusion
Jubilant FoodWorks Limited, India’s leading quick-service restaurant (QSR) operator, has announced an additional investment in its wholly owned Sri Lankan subsidiary, Jubilant FoodWorks Lanka (Private) Limited, reinforcing its long-term commitment to expanding operations in the neighboring market.
The investment follows the Share Subscription and Shareholders’ Agreement announced on June 15, 2026, with the transaction being completed on July 22, 2026, through the issuance of Optionally Convertible Non-Cumulative Preference Shares (OCPS).
Key Transaction Highlights
- Parent Company: Jubilant FoodWorks Limited
- Subsidiary: Jubilant FoodWorks Lanka (Private) Limited
- Instrument: Optionally Convertible Non-Cumulative Preference Shares (OCPS)
- Number of Shares Issued: 95,271,430 OCPS
- Investment Amount: LKR 666.9 million (approximately ₹18.67 crore)
- Transaction Completion Date: July 22, 2026
- Disclosure: Made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strengthening International Growth
The capital infusion is aimed at strengthening the financial position of Jubilant FoodWorks’ Sri Lankan subsidiary and supporting its future business expansion. The additional funding is expected to provide greater financial flexibility for scaling operations, enhancing store infrastructure, and supporting long-term growth initiatives in the Sri Lankan market.
As the wholly owned subsidiary continues to expand its presence, the investment reflects Jubilant FoodWorks’ confidence in the long-term potential of South Asia’s organized quick-service restaurant industry.
Focus on Regional Expansion
Jubilant FoodWorks has been steadily expanding its international footprint alongside its dominant domestic business. The company holds the master franchise rights for globally recognized brands such as Domino’s Pizza across India and several neighboring countries, while also operating Popeyes in select South Asian markets.
Investments in overseas subsidiaries form an important part of the company’s strategy to diversify its revenue base and strengthen its presence in high-growth international markets.