Jubilant Consumer has divested 3.6 percent stake in Jubilant FoodWorks that operates Domino’s Pizza and Dunkin Donuts chains for over Rs 303 crore through an open market transaction.
Jubilant Consumer, according to the bulk deal data available with the stock exchanges, has sold a total of 23,70,170 shares amounting to 3.6 percent stake.
The average price at which the shares were sold is Rs 1,279.37, valuing the transaction at Rs 303.23 crore.
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