A massive block deal took place in Jubilant FoodWorks Ltd on Friday, with 1.06 crore shares changing hands on the exchange. The total transaction value amounted to approximately ₹701.72 crore, as per data accessed from the exchange.
The shares were traded at a price of ₹662 per share, marking a slight discount to the previous close of ₹667.85. The deal comes after reports that the Bhartia family, promoters of the Jubilant Bhartia Group, intended to offload shares in three of their listed entities — Jubilant FoodWorks, Jubilant Ingrevia, and Jubilant Pharmova — through block deals.
According to CNBC-TV18 sources, the Bhartia family planned to sell up to 1.32 crore shares in Jubilant FoodWorks, 1.2 crore shares in Jubilant Ingrevia, and 56 lakh shares in Jubilant Pharmova. The sale process is reportedly being handled by Morgan Stanley as the broker for the deal.
Jubilant FoodWorks, which operates well-known QSR brands like Domino’s Pizza and Dunkin’ in India, recently reported strong Q4 FY25 results. The company posted a 93% year-on-year jump in standalone net profit to ₹49.5 crore, compared to ₹25.6 crore in the same quarter last year.
The block deal underscores a strategic move by the Bhartia family, potentially aimed at portfolio realignment or raising liquidity across group businesses.
