February 6, 2019 / 4:19 AM / 5 months ago

CORRECTED-BRIEF-Jubilant Foodworks Approves Payment Of Corporate Brand Royalty To Jubilant Enpro (Feb 5)

(Corrects company name in headline and text to Jubilant Foodworks, from Jubilant Life Sciences)

Feb 5 (Reuters) - Jubilant Foodworks:

* APPROVED PAYMENT OF A CORPORATE BRAND ROYALTY TO JUBILANT ENPRO

* SAYS DECIDED TO PAY 0.25 PERCENT OF CONSOLIDATED REVENUE OF COMPANY EFFECTIVE FY 20 AS ROYALTY. Source text: bit.ly/2HRsOdl Further company coverage:

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