Jubilant FoodWorks Renews Domino’s India Franchise for 15 Years, Extends Rights in Sri Lanka and Bangladesh

Jubilant FoodWorks has renewed its master franchise agreement with Domino’s Pizza International Franchising Inc., securing exclusive rights to develop and operate Domino’s Pizza stores in India for another 15 years, the company said in a press release.

The agreement, signed on April 1, also includes an option to extend the India franchise by an additional 10 years.

The company said its existing franchise rights for Sri Lanka and Bangladesh have also been renewed. It plans to sign separate master franchise agreements for both markets, structured on similar lines as the India agreement.

Jubilant FoodWorks added that detailed disclosures related to the transaction have been shared with stock exchanges in line with regulatory requirements.