Promoter entity of Jubilant FoodWorks sells 4.5 lakh shares

Nov 30 2012, 01:18 IST
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Weston Investment Ltd, that runs Dominos operations. Weston Investment Ltd, that runs Dominos operations.
SummaryWeston Investment, which held 48.37 lakh shares or 7.43 per cent stake in Jubilant FoodWorks, sold 4.50 lakh shares of the company.

Weston Investment Ltd, a promoter entity of Jubilant FoodWorks, sold 4.5 lakh shares of the firm that runs Dominos operations in the country for a little over Rs 56 crore.

As per data available with the stock exchanges, Weston Investment, which held 48.37 lakh shares or 7.43 per cent stake in Jubilant FoodWorks at the end of September quarter, sold 4.50 lakh shares of the company.

These shares were offloaded on an average price 1,258.61 translating into a deal worth Rs 56.67 crore.

Shares of Jubilant FoodWorks closed at Rs 1,248.15 apiece on the BSE, down 0.11 per cent from the previous close.

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