BSECompany Update16 Sept 2026 · 16 Sept 2026, 01:46 pm

Announcement under Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015

Restaurant Brands Asia Ltd · 543248

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Restaurant Brands Asia Ltd has announced the acquisition of 26% equity shares in Navitas Anant Renewables Two Private Limited, a special purpose vehicle, for ₹1,10,00,000. The company also approved investment in PT Sari Burger Indonesia, a subsidiary, by acquiring redeemable cumulative non-convertible preference shares.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Restaurant Brands Asia Ltd - 543248 - Announcement under Regulation 30 (LODR)-Acquisition

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September 16, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeeboy Towers Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543248 SYMBOL: RBA Sub.: Announcement under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Dear Sir/Ma’am, In accordance with Regulation 30 read with Schedule III of the SEBI Listing Regulations, we hereby, inform you that the Borrowings, Investments, Loans and Finance Committee of the Board of Directors of Restaurant Brands Asia Limited (‘Company’), at its meeting held today i.e. on Wednesday, September 16, 2026 (‘said meeting’), has inter alia: 1. considered and approved the acquisition/purchase of 26% of equity shares in Navitas Anant Renewables Two Private Limited, a special purpose vehicle (‘SPV’) formed for the supply of solar power at the various restaurants of the Company located in India, for an aggregate consideration not exceeding ₹1,10,00,000/- (Rupees One Crore and Ten Lakhs). The details of the proposed acquisition/purchase, as required pursuant to the SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 (‘Master Circular’), are provided in Annexure I to this letter; and 2. considered and approved investment in PT Sari Burger Indonesia, subsidiary of the Company, by way of acquisition of not exceeding 1,00,000 (One Lakh) redeemable cumulative non-convertible preference shares at a nominal value of IDR 1,000,000 (Indonesia Rupiah One Million) per share through subscription, in one or more tranches, for an amount not exceeding IDR 100 billion (Indonesia Rupiah One Hundred Billion) equivalent in INR. The details of the proposed investment, as required pursuant to the Master Circular, are provided in Annexure II to this letter. The said meeting commenced at 12:50 p.m. (IST) and concluded at 01:28 p.m. (IST). Kindly take the same on record. Thanking You, For Restaurant Brands Asia Limited Shweta Mayekar Company Secretary and Compliance Officer (Membership No.: A23786) Encl: As above restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in Annexure I Sr. Particulars Description a) Na me of the target entity, details Navitas Anant Renewables Two Private Limited (‘SPV’) in brief such as size, turnover, Size & Turnover: Nil, since this is a newly incorporated etc. entity and is in the process of commencing the operations. b) W hether the acquisition would The proposed acquisition/purchase is not a related party fall within related party transaction(s) and the promoter / promoter group transaction(s) and whether the companies have no interest in the proposed acquisition. promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c) In dustry to which the entity Generation and transmission of renewable energy. being acquired belongs d) Ob jects and impact of This transaction would assist the company to increase acquisition (including but not utilisation of electricity generated through renewable limited to, disclosure of reasons energy sources. This Group Captive solar arrangement will for acquisition of target entity, if reduce unit rate of electricity purchased through the SPV. its business is outside the main line of business of the listed entity) e) Br ief details of any governmental No governmental or regulatory approval is required for the or regulatory approvals required acquisition. for the acquisition f) In dicative time period for Upto January 31, 2027. completion of the acquisition g) Co nsideration - whether cash Cash Consideration consideration or share swap or any other form and details of the same h) Co st of subscription and/or price Not exceeding Rs. 1,10,00,000/- (Rupees One Crore and at which the shares are Ten Lakhs). subscribed i) Pe rcentage of shareholding / The Company will hold 26% equity shares in the SPV and control acquired and / or the Company will not have control over the SPV. number of shares allotted restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in Sr. Particulars Description j) Br ief background about the The SPV will set up a plant to generate solar power. entity acquired in terms of products/line of business The brief details of SPV are as under: acquired, date of incorporation, CIN: U35100GJ2026PTC177792 history of last 3 years turnover, Date of Incorporation: May 13, 2026 country in which the acquired Registered Office: Plot No B-20/3,20/2, Road, No 13-14, entity has presence and any Hojiwala Ind Est, Sachin, Surat, Surat, Gujarat, India, other significant information (in 394230. brief) Turnover of last 3 years: Nil since this is a newly incorporated entity and has not performed any business till now. restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in Annexure II Sr. Particulars Details a) Name of the target entity, details PT Sari Burger Indonesia (‘BK Indonesia’) in brief such as size, turnover, etc. Size: BK Indonesia operates 137 outlets in Indonesia as on March 31, 2026. Standalone Turnover of BK Indonesia for the Financial Year ended March 31, 2026: IDR 9,15,799.88 million. b) Whether the acquisition would Investment by the Company in BK Indonesia, subsidiary of fall within related party the Company, by way of acquisition of not exceeding transaction(s) and whether the 1,00,000 (One Lakh) redeemable cumulative non- promoter/ promoter group/ convertible preference shares through subscription in one group companies have any or more tranches for an amount not exceeding IDR 100 interest in the entity being billion (Indonesia Rupiah One Hundred Billion) equivalent acquired? in INR, will fall within the ambit of related party If yes, nature of interest and transaction. details thereof and whether the same is done at “arm’s length” Except to the extent of shares held by the Company in BK Indonesia, the promoter/promoter group/group companies of the Company have no interest in BK Indonesia. The said transaction will be done at arm’s length. c) Industry to which the entity BK Indonesia is in the business of food services and quick being acquired belongs service restaurants including delivery, catering, franchise operations under the trademark of “Burger King” and other related business in Indonesia. d) Objects and effects of acquisition The proceeds of subscription to redeemable cumulative (including but not limited to, non-convertible preference shares will be used by BK disclosure of reasons for Indonesia towards meeting the business requirements. acquisition of target entity, if its business is outside the main line of business of the listed entity) e) Brief details of any governmental There are no governmental or regulatory approvals or regulatory approvals required required prior to the completion of the acquisition. for the acquisition f) Indicative time period for Upto December 31, 2026 completion of the acquisition g) Consideration - whether cash Cash Consideration consideration or share swap and details of the same h) Cost of [Showing first 8,000 characters — download PDF for full document]