Restaurant Brands Asia Limited has announced the approval of a preferential issue of equity shares and warrants. The Fund Raising Committee approved the allotment to four entities: Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, and Mr. Aayush Madhusudan Agrawal. This move is part of the company’s strategy to raise capital through private placement, enhancing its paid-up equity share capital.
Preferential Issue of Equity Shares and Warrants Approved
Restaurant Brands Asia Limited’s Fund Raising Committee convened on June 02, 2026, to consider and approve a significant preferential issue. This issuance is structured as a private placement and involves the allotment of equity shares and warrants to identified acquirers. The approval follows receipt of clearance from the Competition Commission of India, dated May 20, 2026.
Allotment Details to Acquirers
The company will issue the following securities:
- Acquirer 1 (Lenexis Foodworks Private Limited): Will receive 12,85,71,128 fully paid-up equity shares at a price of INR 70 per share, aggregating to INR 8,99,99,78,960.
- Acquirer 2 (Aayush Agrawal Trust): Will receive 100 equity shares at a price of INR 70 per share, aggregating to INR 7,000.
- Acquirer 3 (Inspira Foodworks Private Limited): Will receive 100 equity shares at a price of INR 70 per share, aggregating to INR 7,000.
- Acquirer 4 (Mr. Aayush Madhusudan Agrawal): Will receive 100 equity shares at a price of INR 70 per share, aggregating to INR 7,000.
These allotments are in accordance with the Companies Act, 2013, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Subscription Warrants Issued
Additionally, 8,57,14,285 warrants have been allotted to Acquirer 1. Each warrant carries the right to subscribe to one equity share at INR 70 per warrant. The total value for these warrants aggregates to INR 5,99,99,99,950. These warrants can be exercised and converted within 18 months from the allotment date. Acquirer 1 has paid an initial amount of INR 149,99,99,987.50, representing 25% of the aggregate warrants subscription amount.
Impact on Paid-Up Capital
Consequent to this allotment, the company’s paid-up equity share capital will increase to INR 7,11,44,77,150, comprising 71,14,47,715 fully paid-up equity shares. The issued subscription shares and equity shares arising from the conversion of warrants are slated for listing on the BSE Limited and the National Stock Exchange of India Limited.
Meeting Outcome
The Fund Raising Committee meeting commenced at 9:07 p.m and concluded at 9:14 p.m on June 02, 2026. The outcome of the meeting has been uploaded on the company’s website, www.burgerking.in.
Source: BSE
