Jubilant Foodworks Limited
SBI Life Insurance entered Jubilant Foodworks with a new position of 87,13,977 shares, representing a 1.32% stake, worth ₹363.50 crore at a share price of ₹417.15 apiece.
One of India's largest food service companies, this firm operates as the master franchise holder for Domino's Pizza and Popeyes across the country. Part of the Jubilant Bhartia Group, the company manages a diverse portfolio spanning international and homegrown brands. It has expanded into the Chinese cuisine segment with Hong's Kitchen, its proprietary brand, strengthening its presence across multiple cuisines and customer segments in the quick-service restaurant sector.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.