MAM
Jubilant FoodWorks onboards Sameer Khetarpal as CEO & managing director
Mumbai: Food service company Jubilant Food Works Limited (JFL) announced on Monday the appointment of Sameer Khetarpal as chief executive officer and managing director of the company. Khetarpal will succeed Pratik Pota effective from 5 September 2022, the company said in a statement.
He joined Jubilant from Amazon, a company where he had been working for six and half years, during which time he conceptualized, launched and scaled several business units like Amazon Fresh, Amazon Pharmacy and Amazon Food.
Before joining Amazon, Khetarpala worked as a partner at McKinsey and company, where he helped tech companies build their businesses and transform themselves into digital enterprises. He was instrumental in building data-driven service lines used by several fortune 500 companies. He has previously worked with GE Capital and Hindustan Unilever.
Speaking on the appointment, Jubilant FoodWorks chairman Shyam S. Bhartia and co-chairman Hari S. Bhartia said, “We are now a multi-country, multi-brand company with deep investments in technology. We are looking to further our investments across our portfolio of brands to become a food tech powerhouse. Sameer, with his strengths in building digital first businesses in related spaces will provide the necessary leadership to our business. He is a strong, dynamic and values-driven leader with an impressive track record of delivering consistent high-quality performance in tough consumer businesses.”
On his new role, Khetarpal said, “As India’s largest food service company, JFL is uniquely poised to scale non-linearly across multiple businesses and geographies. The company has an exceptional track record of innovation and serving customers with exemplary standards. I am honoured to join Jubilant FoodWorks and look forward to working closely with the Jubilant team, to serve millions of customers by building businesses driven by technology and operations excellence.”
Incorporated in 1995, JFL holds the exclusive master franchise rights from Domino’s Pizza to develop and operate the brand in India, Sri Lanka, Bangladesh, and Nepal. In India, JFL has a network of 1,567 Domino’s restaurants across 337 cities.
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.
