Jubilant Foodworks announces completion of acquisition of 100% stake in Fides Food

Jubilant Foodworks announced that its wholly owned subsidiary, Jubilant Foodworks Netherlands B.V. has successfully completed the acquisition of 100% of Fides Food Systems Coeratief U.A., Netherlands which holds 32.81% equity shares in DP Eurasia N.V.

Consequently, the Company stands fully released from the guarantee issued by it in connection with the investment obligations of Jubilant Foodworks Netherlands B.V.

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