Jubilant Consumer Private Limited has created a pledge on equity shares of Jubilant FoodWorks Limited as part of a loan security arrangement, according to a regulatory disclosure filed on February 27, 2026.

Pledge Creation Details

The pledge was created on February 26, 2026, covering 8,00,000 equity shares of Jubilant FoodWorks Limited. This represents 0.121% of the company's total share capital and was established in favor of Bajaj Finance Limited.

Updated Encumbrance Position

Following this latest pledge creation, Jubilant Consumer's total encumbered shareholding in Jubilant FoodWorks has increased significantly. The company's post-event encumbered holding now stands at 36,00,000 shares, representing 0.545% of the total share capital.

Promoter Holdings Overview

Jubilant Consumer Private Limited maintains its position as the largest promoter of Jubilant FoodWorks, holding 26,57,52,415 shares, which constitutes 40.27% of the total share capital. Other promoters in the group hold minimal stakes:

• Mr. Hari Shanker Bhartia, Mrs. Kavita Bhartia, and Mrs. Shobhana Bhartia each hold 10 shares
• Jubilant Securities Pvt. Ltd. holds 20 shares
• Jubilant Capital Pvt. Ltd. and Mr. Shyam Sunder Bhartia each hold 10 shares

Regulatory Compliance

The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited, where Jubilant FoodWorks shares are listed.

The pledge arrangement demonstrates the interconnected financial structure within the Jubilant group, with Jubilant Consumer's shares serving as collateral for financing requirements of another group entity, Jubilant Enpro Private Limited.

Jubilant FoodWorks Limited has received a significant credit rating enhancement from CRISIL, with the rating agency increasing the company's commercial paper limit while maintaining its top-tier rating. The announcement was made through a regulatory filing on February 19, 2026, demonstrating the company's improved financial standing.

Credit Rating Enhancement Details

CRISIL has published updated ratings for Jubilant FoodWorks' commercial paper instrument, reflecting enhanced financial capacity and maintained creditworthiness.

The enhancement represents a 100% increase in the commercial paper limit, doubling the company's short-term funding capacity from INR 100 crore to INR 200 crore. Despite this significant increase in exposure, CRISIL has reaffirmed the CRISIL A1+ rating, which represents the highest credit quality for short-term instruments.

Regulatory Compliance and Communication

The company has fulfilled its regulatory obligations by informing both major stock exchanges about this development. The communication was sent to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India Listing Regulations.

Suman S. Hegde, Executive Vice President and Chief Financial Officer, signed the regulatory filing, ensuring proper authorization and compliance. The company has also made this information available on its official website under the Investor Relations section, maintaining transparency with stakeholders.

Significance of CRISIL A1+ Rating

The reaffirmation of the CRISIL A1+ rating alongside the enhanced limit indicates strong financial fundamentals and creditworthiness. This rating represents the highest degree of safety regarding timely payment of financial obligations and carries the lowest credit risk in the short-term rating category.

The enhancement in commercial paper limit provides Jubilant FoodWorks with increased flexibility for short-term funding requirements while maintaining access to funds at competitive rates. This development strengthens the company's financial position and provides additional working capital options for business operations.