MAM
Fan2Play announces two-time CPL champions Barbados Royals as associate sponsor for 2022 season
Mumbai: Fantasy sports platforms Fan2Play has announced its partnership with the men’s team of Caribbean Premier League (CPL) franchise Barbados Royals for the current season of the tournament. It got underway on 31 August in St. Kitts.
Fan2Play’s logo will appear on the non-leading arm of the Barbados Royals’ men’s official jerseys and training kits for the duration of the tournament as the team’s associate sponsor for this year’s edition.
Fan2Play said that it has rapidly established itself as a key partner to teams in multiple marquee cricketing tournaments across the globe. This includes CPL 2021 champions St Kitts and Nevis Patriots and the World Giants in the inaugural edition of Legends League Cricket (LLC) at the start of 2022.
As two-time champions of the CPL—lifting the cup in the 2013 and 2019 editions—the Barbados Royals are perfectly poised to continue this winning streak. This year’s men’s team will be led by veteran South African all-rounder David Miller and showcase a strong line-up of international and local talent, including Quinton de Kock, Jason Holder, and Obed McCoy. Through its association with a team of this stature, Fan2Play further strengthens its reputation for partnering with the biggest names in cricket.
“We are glad to be associated with Barbados Royals in this season’s CPL T20 League as we firmly believe they have the most balanced team and are one of the favourites to lift the trophy. In the past, Fan2Play has been associated with four different franchises, and they have all gone on to win in those respective seasons. We truly hope we can be Barbados Royals’ lucky charm as well,” said Fan2Play co-founder and GM operations Kumar Shashi.
“Participation of such grandeur is about showing Fan2Play’s presence among the elite of T20 cricket and connecting with our users and followers through such activation. We will be hosting some incredible moments with the Barbados Royals franchise this season, so join Fan2Play and be part of this exciting journey,” he added.
Now in its 10th season, the CPL is popularly referred to as the ‘Biggest Party in Sport’. Having started off on 31 August, the final of this year’s tournament will be played a month later on 30 September.
Rajasthan Royals, Barbados Royals GM-partnerships Uditvanu Das commented, “At the Barbados Royals, we are always very keen to explore avenues which can provide our fans with an all-round entertaining experience, not just on the field, but off it as well. Hence, we are delighted to welcome Fan2Play, a platform that engages fans and also rewards them for their participation, as a partner of the franchise.”
Fan2Play is a fantasy platform where you can create your own fantasy teams with just 2/3/4 players. Fan2Play’s new user offer of claiming a 200 per cent bonus up to Rs 20,000 is incredible as it gives you unlimited bonus usage on multiple contests. Other features include Real Cash deposit codes, Challenge Fantasy, 2nd Innings Fantasy, and Casual Games.
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.
