In a significant move signaling portfolio realignment, the promoter entities of the Jubilant Group have divested partial stakes in three of their listed companies—Jubilant FoodWorks, Jubilant Ingrevia, and Jubilant Pharmova—via open market transactions amounting to Rs. 1,800.98 crore. The stake reduction alters promoter holdings notably across the group’s diversified interests, from food services to specialty chemicals and pharmaceuticals.