Restaurant Brands Asia Limited has announced the allotment of an additional 11,00,000 equity shares of Navitas Anant Renewables Two Private Limited. This investment, totaling ₹1.10 crore, represents a further step in the company’s strategy to secure solar power for its Indian restaurant operations. The acquisition follows a prior intimation regarding a 26% equity purchase in the same special purpose vehicle.
Restaurant Brands Asia Boosts Solar Power Investment
Restaurant Brands Asia Limited has further strengthened its commitment to renewable energy by acquiring an additional 11,00,000 equity shares in Navitas Anant Renewables Two Private Limited. This special purpose vehicle is instrumental in supplying solar power to the company’s restaurants across India. The allotment, which occurred on November 7, 2026, involved an aggregate consideration of ₹1,10,00,000 (Rupees One Crore and Ten Lakhs).
Strategic Solar Power Acquisition
This latest acquisition is a continuation of Restaurant Brands Asia’s strategic initiative, following its earlier intimation on September 16, 2026, concerning the purchase of 26% of the equity shares in Navitas Anant Renewables Two Private Limited. The company is actively investing in securing sustainable energy solutions to power its extensive restaurant network. The intimation of this share allotment was received by the company on November 7, 2026, at 12:35 p.m. IST.
The details of this investment align with the requirements outlined in the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026, dated January 30, 2026, which were previously communicated in the September 16, 2026 intimation. Restaurant Brands Asia has requested that this record be taken into consideration.
Source: BSE