Jubilant FoodWorks has officially informed stakeholders that its Board of Directors has approved the non-renewal of development rights for the Dunkin’ brand in India.
In regulatory filing, the company confirmed that the Multiple Unit Development Franchise Agreement, originally entered into in February 2011, will expire on December 31, 2026. This decision follows a strategic assessment of the brand’s current position and long-term trajectory within the company’s broader portfolio.
The company stated that it will now undertake an orderly and phased evaluation of its existing Dunkin’ operations to determine the most appropriate next steps. These actions may include the rationalisation or cessation of certain operations, the sale or disposal of specific assets, or the potential transfer of franchise rights. All such measures will be carried out in strict accordance with the terms of the agreement and in close consultation with the owners of the Dunkin’ brand.
According to the company’s financial disclosures for the 2024-25 period, the Dunkin’ division contributed approximately 0.61% to the total revenue of the listed entity. While the division reported a loss during the last financial year, the company clarified that the decision to end the development term will not have any material operational or financial impact. The focus remains on maintaining regulatory compliance and meeting all contractual obligations throughout the transition period.
Jubilant FoodWorks has assured that further details regarding this transition are available to the public and investors through its official website. The company maintains that this strategic shift is part of its commitment to evaluating business units based on their alignment with overall corporate goals. For now, the primary objective is to manage the conclusion of the development term by the end of the 2026 calendar year.
