MAM
Publicis Media Exchange appoints Sejal Shah as managing partner and head
MUMBAI: Publicis Media India today announced Sejal Shah as managing partner and head of Publicis Media Exchange (PMX – Mainline) which is the central investment practice of PM.
Shah brings with her more than 21 years of experience and also worked with Publicis IPG and WPP across functions such as client management, planning, buying, research, operations and automation. Prior to this, Shah was as trading head, South Asia for Unilever at Mindshare Fulcrum. She was also part of the founding Publicis Trading team.
Commenting on her appointment Publicis Media India CEO Anupriya Acharya said, “We are very happy to have Sejal join us in this critical role. With her rich experience, Sejal will ensure that the complex media environment is well navigated and negotiated for PM client. She will try to bring in not only fresh approaches to deal making as and where required, but also focus on overall value creation for brands including content, in-programme and other such initiatives.”
On her new role, Publicis Media India managing partner and head of Publicis Media Sejal Shah said, “I am thrilled to be with Publicis Media at a time when their growth momentum is at an all-time high and they are well poised to further build on it. Publicis Media client roster not only has some of the savviest marketers but also is very diverse with a strong presence on digital and future facing-streams. It gives us an opportunity to focus beyond the traditional on ROI and effectiveness.”
In her new role, Sejal will be responsible for driving media investments, alliances and partnerships, strategic thinking and direction for all PM clients across markets.
Publicis Media is one of the top three media-buying groups of the country, handling billings of over $1.3 billion and a plum roster of clients such as Nestlé, Dabur, Parle Products, Kraft Heinz, Ola, Fiat, Oppo, Citibank and many more.
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.
