Jubilant FoodWorks Ltd enters into MoU with Coca-Cola India Pvt Ltd

Jubilant FoodWorks Limited ('Company') has entered into a Memorandum of Understanding ('MoU') with Coca-Cola India Private Limited, containing the principal terms and conditions for purchase of a portfolio of sparkling beverage products and certain other products from The Coca-Cola Company authorized bottlers, and for conducting marketing activities (which will be undertaken in the usual/ordinary course) for the said products as defined in the MoU.

The MoU contains the principal terms and conditions for purchase of a portfolio of sparkling beverage products and certain other products from The Coca-Cola Company authorized bottlers and for conducting marketing activities (which will be undertaken in the usual/ordinary course) for the said products, as defined in the MoU in relation to various brands of JFL (franchised/owned brands) and products purchased by JFL from The Coca-Cola Company authorized bottlers. A Master Agreement will be executed between the parties based on the principal terms and conditions mentioned in the MoU.

Source : Equity Bulls

Keywords

JubilantFoodWorks MOU CocaColaIndia