MAM
Roposo appoints Anand Jha and Saurabh Khullar
MUMBAI: India’s fashion social network Roposo has strengthened its leadership ranks with the appointments of Anand Jha as the Head of Design and Saurabh Khullar as the Head of Sales.
Speaking on the appointments, Roposo co-founder Avinash Saxena said, “Roposo has had a phenomenal growth story so far. As we prepare to helm the company into its next level of evolution, we are pleased to welcome Saurabh and Anand on board to lead the key divisions of Sales and Design. Both bring tremendous experience and dynamism along with years of rich industry experience. We are certain that their contributions to the Roposo growth narrative will be significant and that they will be a perfect synergistic match for our existing team.”
At Roposo, Jha will look after the entire user interface and user experience.
Speaking on his appointment, Jha said, “I am glad to be a part of this enthusiastic and diligent team at Roposo. Design is central to Roposo and my job will be to build on the already-outstanding product. Through an enriched design offering, Roposo will be able to further establish its market leadership stance and make deeper inroads in the consumer mindscape across India. ”
Khullar too added, “I believe that Roposo has had an exceptional growth graph given the current business climate. I’m looking forward to further enhancing its revenue model and sales numbers and contribute to the company’s upward trajectory. The team’s energy and passion for the product is truly infectious and I’m looking forward to working with them.”
As the company has been crossing one milestone after the other, with a user base of 3 Million and its ever growing popularity among celebrities and enthusiasts alike, these new appointments highlight function expansion within the team. Roposo is now entering the next stage of growth and will be focusing on revenue generation along with its persistent endeavor of product development.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
