Jubilant FoodWorks pays ₹22.65 lakh environmental compensation

1 min read     Updated on 23 May 2026, 02:30 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Jubilant FoodWorks Limited disclosed an order from the Haryana State Pollution Control Board imposing a penalty of ₹22,65,000 for operating a store in Ballabgarh without necessary consent. The company has paid the amount under protest and confirmed there is no material impact on its financials or operations.

powered bylight_fuzz_icon
40968452

*this image is generated using AI for illustrative purposes only.

Jubilant FoodWorks Limited has disclosed that it received an order from the Haryana State Pollution Control Board (HSPCB) directing the payment of environmental compensation. The order, bearing number I/290244/2026, was issued on May 12, 2026, and pertains to a store located in Ballabgarh, Faridabad, Haryana.

Order Details and Violations

The regulatory authority penalized the company for operating the store without prior Consent to Operate (CTO) regarding Air and Water. The violation concerns the Water (Prevention and Control of Pollution) Act, 1974, and the Air (Prevention and Control of Pollution) Act, 1981. The communication was received by the company on May 21, 2026, at 10:17 Hrs (IST).

Financial Implications and Action Taken

The HSPCB directed Jubilant FoodWorks Limited to deposit ₹22,65,000 as environmental compensation within one month. The company confirmed that it has made the payment under protest in accordance with the prescribed procedure. It stated that it is currently contesting the order.

Particulars Details
Authority Haryana State Pollution Control Board
Order No. I/290244/2026
Penalty Amount ₹22,65,000
Reason for Penalty Operating without prior CTO – Air & Water
Location of Store Ballabgarh, Faridabad, Haryana
Payment Status Paid under protest

Impact Assessment

Regarding the consequences of this regulatory action, the company clarified that there is no material impact on its financials. Furthermore, it stated that there is no impact on the operations or other activities of the company. The relevant period for which the communication is applicable is June 2022.

Historical Stock Returns for Jubilant FoodWorks

1 Day5 Days1 Month6 Months1 Year5 Years
+0.23%-5.17%-7.47%-25.87%-35.25%-27.71%

Could Jubilant FoodWorks face similar CTO compliance violations across its other store locations in Haryana or other states, potentially leading to a wave of regulatory penalties?

How might Jubilant FoodWorks' legal challenge against the HSPCB order unfold, and what precedent could it set for other food service companies facing similar environmental compliance issues?

Will this regulatory action prompt Jubilant FoodWorks to conduct a comprehensive compliance audit across its entire store network, and how might that impact its expansion plans?

Jubilant FoodWorks urges dividend claims under Saksham Niveshak

2 min read     Updated on 23 May 2026, 12:26 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Jubilant FoodWorks Limited is contacting shareholders with unpaid dividends under the Ministry of Corporate Affairs' 'Saksham Niveshak' campaign from April 1 to July 9, 2026. The initiative aims to help investors update KYC details and claim funds to prevent transfer to the IEPF. Specific documentation is required for demat and physical shareholders, which must be submitted to MUFG Intime India Private Limited.

powered bylight_fuzz_icon
41021763

*this image is generated using AI for illustrative purposes only.

Jubilant FoodWorks Limited has informed its shareholders about a special initiative aimed at recovering unpaid and unclaimed dividends. The company is participating in the 'Second 100 days campaign - Saksham Niveshak', launched by the Ministry of Corporate Affairs, which is scheduled to run from April 01, 2026 to July 09, 2026. This campaign is designed to assist investors in updating their Know Your Customer (KYC) details and claiming any pending dividend amounts before they are transferred to the Investor Education and Protection Fund (IEPF).

The company has identified certain shareholders who have not yet encashed dividends issued in their favour. To safeguard their entitlements and prevent the transfer of funds to the IEPF, these shareholders are encouraged to update their records. The required updates include PAN, bank mandate, nomination, specimen signature, and contact information such as postal address and mobile number. The process is being facilitated in coordination with the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited.

Documentation Requirements

Shareholders holding shares in dematerialized or electronic form must provide a request letter cum undertaking, along with a copy of the updated Client Master List and a self-attested copy of their PAN card. If applicable, original unclaimed warrants should also be submitted. Payments will be credited directly to the bank account registered against the demat account.

For those holding shares in physical form, the requirements include the request letter cum undertaking and Investor Service Request Forms (ISR-1, ISR-2, and Form No. SH-13 for nomination details). These forms must be duly filled and supported by documents such as a self-attested PAN card copy and an original cancelled cheque leaf with the first holder's pre-printed name. If the name is not pre-printed on the cheque, an attested copy of the bank statement or passbook is required.

Contact Information

Shareholders seeking assistance or needing to submit documents can reach out to the company or its RTA using the contact details provided below:

Entity Contact Details
Jubilant FoodWorks Limited Secretarial Department, 16th Floor, Tower-E, Skymark One, Plot No. H-10/A, Sector -98, Noida- 201301, Uttar Pradesh. Telephone: +91-120-6927500, Email: investor@jublfod.com
MUFG Intime India Private Limited Noble Heights, 1st Floor, NH-2, C-1 Block, LSC, Near Savitri Market, Janakpuri, New Delhi – 110 058. Telephone: +91 11 49411000, E-mail: delhi@linkintime.co.in

The company has made the necessary forms available on its official website under the investor relations section. Shareholders are advised to act promptly within the campaign window to ensure they receive their entitled dividends.

Historical Stock Returns for Jubilant FoodWorks

1 Day5 Days1 Month6 Months1 Year5 Years
+0.23%-5.17%-7.47%-25.87%-35.25%-27.71%

How much total unclaimed dividend value does Jubilant FoodWorks currently have at risk of being transferred to the IEPF, and how does this compare to previous years?

If shareholders miss the July 09, 2026 campaign deadline, what is the process and timeline for reclaiming dividends once they have been transferred to the IEPF?

Could the growing trend of unclaimed dividends signal broader retail investor disengagement with Jubilant FoodWorks, and what might this mean for the company's future shareholder base and stock liquidity?

More News on Jubilant FoodWorks

1 Year Returns:-35.25%