Restaurant Brands Asia Limited's Board of Directors, in a meeting held on January 20, 2026, approved a significant increase in the company's authorized share capital from ₹700 crore to ₹900 crore. This move is subject to shareholder approval and involves amending Clause V of the Memorandum of Association. Furthermore, the Board greenlit a preferential issue of equity shares and warrants to Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, and Mr. Aayush Madhusudan Agrawal. This private placement involves the issuance of 12,85,71,128 equity shares at ₹70 per share, aggregating to ₹8,99,99,78,960, and 8,57,14,285 warrants at ₹70 per warrant, aggregating to ₹5,99,99,99,950 to Lenexis Foodworks Private Limited. The warrants carry a right to subscribe to one equity share each and are exercisable within 18 months. Concurrently, QSR Asia Pte. Ltd. and F&B Asia Ventures (Singapore) Pte. Ltd. have entered into a share purchase agreement (SPA) to sell 11.26% of the company's equity share capital to the aforementioned acquirers and Inspira Agro Trading LLC for ₹70 per share. These transactions, collectively referred to as the 'Proposed Transaction,' will lead to the Acquirers and IATL acquiring control of the Company and becoming its promoters, while the current sellers will cease to be promoters. In conjunction with these developments, the company also approved amendments to its Articles of Association, subject to shareholder consent. An Extra-ordinary General Meeting (EGM) has been scheduled for February 13, 2026, to seek shareholder approval for the capital increase, the preferential issue, amendments to the Articles of Association, and the remuneration for Mr. Rajeev Varman as Whole-time Director and Group Chief Executive Officer. The Board meeting commenced at 8:10 p.m. and concluded at 8:38 p.m. IST.
