Restaurant Brands Asia Limited announced the outcome of its Fund Raising Committee meeting held on June 02, 2026. The committee approved the preferential allotment of equity shares and warrants to four entities: Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, and Mr. Aayush Madhusudan Agrawal. The total funds raised through this private placement are substantial, with equity shares issued at INR 70 each and warrants carrying a subscription price of INR 70 per share. The company’s paid-up equity share capital has also increased following this allotment.
Restaurant Brands Asia Limited Fund Raising Committee Meeting Outcome
On June 02, 2026, the Fund Raising Committee of Restaurant Brands Asia Limited convened to consider and approve a significant preferential issue of securities. This decision was made subsequent to receiving approval from the Competition Commission of India via a letter dated May 20, 2026. The allotment is structured as a private placement, in compliance with the Companies Act, 2013, and SEBI’s ICDR Regulations, and is governed by a securities subscription agreement dated January 20, 2026.
Allotment of Equity Shares
A total of 12,85,71,128 equity shares, each with a face value of INR 10, were allotted at a price of INR 70 per share. These shares aggregate to INR 8,99,99,78,960 and were allocated to Lenexis Foodworks Private Limited (referred to as “Acquirer 1”). Additionally, 100 equity shares each, aggregating to INR 7,000, were allotted to Aayush Agrawal Trust (“Acquirer 2”), Inspira Foodworks Private Limited (“Acquirer 3”), and Mr. Aayush Madhusudan Agrawal (“Acquirer 4”). These collectively form the “Subscription Shares”.
Issuance of Subscription Warrants
In addition to equity shares, 8,57,14,285 warrants were issued to Acquirer 1. Each warrant grants the right to subscribe to one Equity Share at a price of INR 70. The total potential value from these warrants is INR 5,99,99,99,950. These warrants are exercisable and convertible within 18 months from the allotment date. As of the allotment date, Acquirer 1 has paid an initial amount of INR 149,99,99,987.50, representing 25% of the aggregate warrant subscription amount. The remaining balance will be paid upon the exercise and conversion of these warrants.
Impact on Share Capital and Listing
The issuance of these Subscription Shares and the Equity Shares upon conversion of the Subscription Warrants will be listed on both the BSE Limited and the National Stock Exchange of India Limited. Following this allotment, the company’s paid-up equity share capital has increased to INR 7,11,44,77,150, comprising 71,14,47,715 fully paid-up Equity Shares.
Meeting Details
The meeting of the Fund Raising Committee commenced at 9:07 p.m. and concluded at 9:14 p.m. on June 02, 2026. The outcome of this meeting has also been uploaded to the company’s website, www.burgerking.in.
Source: BSE
