JFL/NSE-BSE/2022-23/26
May 2, 2022
BSE Ltd.
P.J. Towers, Dalal Street Mumbai - 400001
National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra(E), Mumbai - 400051
Scrip Code: 533155
Symbol: JUBLFOOD
Sub: Update on Acquisition
Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")
Dear Sir/ Madam,
This is in continuation to our letter dated September 22, 2021, regarding acquisition of stake in Wellversed Health Private Limited ("Wellversed") in terms of Regulation 30 of the Listing Regulations.
As agreed with Wellversed, the Company has disbursed the second tranche of investment of Rs. 3.5 Crores and accordingly the aforesaid acquisition has been completed effective May 2 2022. Consequentially, the Company's current effective shareholding in Wellversed is 27.81% and it is 25.02% on a fully diluted basis in the following manner:
a) 4,576 Compulsorily Convertible Preference Shares (CCPS) of face value of Rs. 10 each at a premium of Rs. 21,798.30 per CCPS;
b) 10 fully paid up equity shares of face value of Rs. 10 each at a premium of Rs. 21,798.30 per share.
This is for your information and records.
Thanking you,
For Jubilant FoodWorks Limited
Mona Aggarwal
Company Secretary and Compliance Officer
Investor E-mail id:investor@jublfood.com
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Jubilant Foodworks Ltd. published this content on 02 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2022 16:06:07 UTC.