Restaurant Brands Asia Limited has announced that the Competition Commission of India has granted formal approval for its proposed acquisition involving a complex series of transactions. This pivotal regulatory clearance, received on May 20, 2026, clears the path for the company’s planned ownership transition and capital infusion. The proposed transaction, which includes both a preferential share issue and a major share purchase agreement, is set to fundamentally reshape the company’s promoter and ownership structure.
CCI Approval Clears Path for Transaction
On May 20, 2026, Restaurant Brands Asia Limited received formal notification from the Competition Commission of India regarding the approval of its proposed corporate restructuring and acquisition. This regulatory milestone is essential for finalizing the series of agreements established by the company and its new partners, including Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, and Mr. Aayush Madhusudan Agrawal.
Details of the Preferential Issue
The transaction involves a significant capital infusion through a preferential issue of shares and warrants. The company will issue over 12.85 crore equity shares at a price of INR 70 per share, amounting to approximately INR 899.99 crore. Additionally, the company is set to issue 8.57 crore warrants, each convertible into one equity share at INR 70, providing an additional potential investment of roughly INR 599.99 crore to be exercised within 18 months.
Strategic Ownership Shift
Alongside the preferential issue, the company is finalizing a share purchase agreement to transfer an 11.26% stake from existing sellers to the new investors at INR 70 per share. Upon the successful closing of these transactions, the new investors will assume control of the company and become its new promoters. These developments follow an extensive open offer process initiated in early 2026 to ensure compliance and transparency for all stakeholders involved in this major transition.
Source: BSE
