Neopolitan Pizza and Foods Limited Signs Master Franchise Agreement for Maharashtra

Neopolitan Pizza and Foods Limited, a BSE SME listed Quick Service Restaurant (QSR) company, has entered into a Master Franchise Agreement for the state of Maharashtra as part of its ongoing business expansion strategy.

The agreement represents a strategic development in the company's franchise network and is intended to strengthen the brand's presence across Maharashtra through a regional franchise management structure.

Commenting on the development, Dr. Mukund Purohit, Founder & Managing Director of the company, stated: "Maharashtra remains an important market for the food and hospitality industry. This agreement reflects our continued focus on expanding the Neopolitan Pizza brand through strategic franchise associations in key growth regions."

The Master Franchise Agreement covers franchise development and operational coordination within the state of Maharashtra, in accordance with the terms mutually agreed between the parties. Neopolitan Pizza and Foods Limited continues to strengthen its presence in the organized QSR segment through a combination of company-operated and franchise-based business models.

Source : Equity Bulls

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