Domino’s India operator Jubilant Foodworks divests entire 31.66% stake in Hashtag Loyalty; check details

The firm sold the entirety of its 31.66% stake in Hashtag to one of its founders, Karan Chechani, by executing a share purchase agreement on December 29. It added that the buyer is not part of the promoter, promoter group, or group companies of the firm.

“Accordingly and pursuant to Regulation 30 of the Listing Regulations, it is hereby informed that the Company has executed a Share Purchase Agreement dated December 29, 2025, inter alia, with Mr. Karan Chechani, one of the founders of Hashtag, for the sale of its entire stake (31.66%) in Hashtag,” it said in a regulatory filing on Monday.

Following the completion of the transaction, Hashtag will cease to be an associate of Jubliant Foodworks, it stated, adding that the transaction is expected to be completed on or before February 12, 2026.

The firm also informed that it had fully impaired its investments in Hashtag during the previous 2024-25 financial year (FY25).

Furthermore, Jubilant Foodworks noted that Hashtag’s total income stood at ₹2.747 crore in FY25, and had a net worth of ₹0.122 crore during the same financial year.

Jubilant Foodworks stock performance

Shares of Jubliant Foodworks surged as much as 2.46% to an intraday high of ₹577.46 per unit on the National Stock Exchange (NSE) on Tuesday.

The stock was trading 0.43% higher at ₹566 per equity share at around 9:41 am.

While the stock touched a 52-week low of ₹548.40 on December 17, 2025, it hit a year’s high of ₹796.75 per equity share on January 6, 2025.

Q2 results

The pizza chain operator posted a 191% year-on-year (YoY) surge in its net profit to ₹186 crore for the September quarter of FY26, compared to ₹64 crore in the same period last year.

The company’s revenue from operations jumped 20% annually to ₹2,340 crore during the quarter under review, as against ₹1,955 crore in the second quarter of FY25.

Jubilant Foodworks has a total market capitalisation of ₹37,136.09 crore, as of December 29, 2025, according to data on the NSE.