Jubilant FoodWorks : Acquisition

JFL/NSE-BSE/2022-23/57	July 18, 2022
BSE Ltd.	National Stock Exchange of India Limited
P.J. Towers, Dalal Street	Exchange Plaza, Bandra Kurla Complex
Mumbai - 400001	Bandra(E), Mumbai - 400051
Scrip Code: 533155	Symbol: JUBLFOOD

Sub:-Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)

Re: Acquisition of additional stake by Jubilant Foodworks Netherlands B.V., wholly owned subsidiary of the Company in DP Eurasia N.V.

Dear Sir/ Madam,

This is further to our letter dated May 30, 2022 and pursuant to Regulation 30 of the Listing Regulations, we wish to inform that Jubilant Foodworks Netherlands B.V. ("JFN"), wholly owned subsidiary of the Company has increased its stake in DP Eurasia N.V. ("DPEU") through various on- market purchases.

Details pursuant to Regulation 30 read with Schedule III of the Listing Regulations in prescribed format is attached as Annexure A.

This is for your information and records.

Thanking You,

For Jubilant FoodWorks Limited

MONA AGGARWA L

Digitally signed by MONA AGGARWAL Date: 2022.07.18 18:32:33 +05'30'

Mona Aggarwal

Company Secretary and Compliance Officer Investor E-mailid:[e-mail]

Encl: A/a

							Annexure- A
S	Particulars				Details
No.
1	Name of the target entity,	DP Eurasia N.V. ("DP Eurasia") is a public company incorporated
	details in brief such as size,	in Netherlands and listed with London Stock Exchange PLC. DP
	turnover etc.				Eurasia is the exclusive master franchisee of the Domino's Pizza
						brand in Turkey, Russia, Azerbaijan and Georgia. DP Eurasia
						(together with its subsidiaries, the "Group") offers pizza delivery
						and takeaway/ eat-in facilities at its 816 stores (617 in Turkey, 184
						in Russia, 10 in Azerbaijan and 5 in Georgia as on 30th April 2022)
						and operates through its owned corporate stores (24%) and
						franchised stores (76%)
						Details as year ended December 31, 2021 (TRY in thousands):-
						Paid up Share Capital	: 36,353
						Turnover	: 1,496,914
						Profit/(Loss) After Tax	: (16,023)
2	Whether the acquisition would	N.A.
	fall within	related	party
	transaction(s) and whether the
	promoter/ promoter group/
	group	companies	have	any
	interest in the entity being
	acquired? If yes, nature of
	interest and details thereof and
	whether the same is done at
	"arms length".
3	Industry to which the entity	DP Eurasia is the exclusive master franchisee of Domino's Pizza
	being acquired belongs		brand in Turkey, Russia, Azerbaijan and Georgia.
4	Objects	and		effects	of	Jubilant Foodworks Netherlands B.V. ("JFN"), wholly owned
	acquisition (including but not	subsidiary of the Company has increased its stake in DP Eurasia
	limited to, disclosure of reasons	through various on-market purchases. As on July 17, 2022, JFN is
	for acquisition of target entity,	holding 6,50,60,801 ordinary shares in DPEU representing 44.75%
	if its business is outside the	of its issued share capital.
	main line of business of the
	listed entity)
5	Brief	details	of	any	N.A.
	governmental	or	regulatory

	approvals	required for	the
	acquisition
6	Indicative	time	period	for	N.A.
	completion of the acquisition
7	Nature	of		consideration	-	All cash consideration
	whether cash consideration or
	share swap and details of the
	same
8	Cost of acquisition or the price	29,93,125 ordinary shares of DP Eurasia were acquired through
	at which the shares are	various on-market purchases for an aggregate consideration of
	acquired					GBP 1,664,874.
9	Percentage	of	shareholding /	29,93,125 ordinary shares of DP Eurasia were acquired through
	control acquired and / or	various on-market purchases aggregating to 2.06% of total issued
	number of shares acquired		share capital of DP Eurasia.
10	Brief background	about	the	For Background of DP Eurasia - Please see paragraph 1 above
	entity acquired in terms of
	products/line	of	business	Date of Incorporation - 18-October-2016
	acquired, date of incorporation,
	history of last 3 years turnover,	DP Eurasia has presence/businesses in the following countries -
	country in which the acquired	Netherlands, Turkey, Russia, Azerbaijan and Georgia
	entity has presence and any
	other	significant information	History of last 3 years' Total Revenue (TRY in thousands)on
	(in brief)					Consolidated basis:
							FY 2021 - 1,496,914
							FY 2020 - 1,019,163
							FY 2019 - 980,208