Restaurant Brands Asia Limited has approved two key strategic initiatives. The first involves the acquisition of 26% equity shares in Navitas Anant Renewables Two Private Limited, a special purpose vehicle for solar power supply, for an aggregate consideration not exceeding ₹1.10 crore. The second approval is for an investment in its subsidiary, PT Sari Burger Indonesia, by acquiring up to 1,00,000 redeemable cumulative non-convertible preference shares for an amount not exceeding IDR 100 billion. These decisions were made during a committee meeting on September 16, 2026.
Restaurant Brands Asia Approves Key Investments
Restaurant Brands Asia Limited has announced significant strategic approvals following a meeting of its Borrowings, Investments, Loans and Finance Committee on Wednesday, September 16, 2026. The committee greenlit two pivotal transactions aimed at enhancing operational efficiency and financial structure.
Acquisition of Solar SPV
The first major approval is the acquisition of a 26% equity stake in Navitas Anant Renewables Two Private Limited. This entity is a special purpose vehicle (SPV) established to supply solar power to the company’s various restaurants across India. The aggregate consideration for this acquisition is capped at ₹1,10,00,000 (Rupees One Crore and Ten Lakhs). The details indicate this is a cash consideration and the company will not gain control over the SPV, which is a newly incorporated entity focused on renewable energy generation.
Investment in Indonesian Subsidiary
Secondly, the committee approved an investment in PT Sari Burger Indonesia, a subsidiary of Restaurant Brands Asia. This investment will be made through the acquisition of up to 1,00,000 redeemable cumulative non-convertible preference shares. The nominal value per share is IDR 1,000,000, with the total investment not exceeding IDR 100 billion (Indonesia Rupiah One Hundred Billion), equivalent in INR. These preference shares will be acquired via subscription and will not carry any voting rights. PT Sari Burger Indonesia operates 137 outlets in Indonesia and had a standalone turnover of IDR 9,15,799.88 million for the financial year ended March 31, 2026.
Meeting Details
The committee meeting commenced at 12:50 p.m. (IST) and concluded at 01:28 p.m. (IST) on the same day.
Source: BSE
