Jubilant FoodWorks Limited has disclosed receiving a significant GST demand order from tax authorities in Maharashtra. The company received the order on March 13, 2026, at 19:06 hours IST, marking a notable regulatory development that requires investor attention.

GST Demand Details

The Additional Commissioner, CGST & CX, Thane Commissionerate, Maharashtra, has issued Order No. 61/SJS-99/DGGI/TH-CGST/2025-26 dated February 20, 2026. The order was issued under section 74(9) read with section 74(1) of the CGST Act, 2017, along with corresponding provisions of the SGST/UTGST Act, 2017.

Nature of Alleged Violation

The GST demand stems from alleged incorrect classification of certain services rendered under "Restaurant Services," which authorities claim resulted in short payment of GST. The company received this communication through FORM GST DRC-07, a standard format used by GST authorities for demand and recovery proceedings.

Company's Response and Action Plan

Jubilant FoodWorks has expressed strong disagreement with the order's findings. The company believes that the order is incorrect and has not adequately considered the merits of their contentions. Key aspects of the company's position include:

• The company is in the process of filing an appeal against the order
• Management expects the impugned demand to be dropped following the redressal process
• The company does not anticipate any material financial implications from this matter
• No impact is expected on operational or other business activities

Regulatory Compliance and Disclosure

The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that all information provided is true, correct, and complete to the best of their knowledge and belief, as required under Regulation 30(13) of the Listing Regulations.

Financial and Operational Impact Assessment

Despite the substantial quantum of the demand, Jubilant FoodWorks has stated there is no material impact on financial position and no impact on operational or other activities of the company. This assessment appears to be based on the company's confidence in successfully appealing the order and having the demand dropped through the legal redressal process.

Jubilant FoodWorks has officially commenced commercial production at its new commissary facility in Raigad, Maharashtra on March 11, 2026. The company announced this significant operational milestone through a regulatory filing under Regulation 30 of SEBI Listing Regulations.

Facility Details and Location

The Supply Chain Centre/Commissary is strategically located at Plot No. A2, Isambe Industrial Area, Patalganga MIDC, Tal. Khalapur, Raigad District, Maharashtra. The facility began commercial operations at 04:30 PM IST on March 11, 2026, representing a major addition to the company's manufacturing and supply chain network.

Regulatory Compliance and Disclosure

Jubilant FoodWorks made the announcement through a formal disclosure to BSE Limited and National Stock Exchange of India Limited, fulfilling its obligations under Regulation 30 of SEBI Listing Regulations. The company secretary and compliance officer Mona Aggarwal signed the regulatory filing, ensuring proper compliance with disclosure requirements.

Strategic Infrastructure Expansion

This commissary facility represents Jubilant FoodWorks' continued investment in expanding its operational infrastructure and production capabilities. The Raigad location is positioned to enhance the company's supply chain efficiency and support its food service operations across the region. The facility is expected to contribute to improved operational capacity and strengthen the company's ability to meet growing market demand.