Restaurant Brands Asia Limited (formerly Burger King India Limited) announced the outcome of its Fund Raising Committee meeting held on June 02, 2026. The committee approved the allotment of equity shares and warrants via a preferential issue on a private placement basis. Key approvals include the allotment of 12,85,71,128 equity shares at ₹70 per share to Lenexis Foodworks Private Limited for ₹899.99 crore. Additionally, 100 equity shares each were allotted to Aayush Agrawal Trust, Inspira Foodworks Private Limited, and Mr. Aayush Madhusudan Agrawal at ₹70 per share, aggregating to ₹7,000 for each. Furthermore, 8,57,14,285 warrants, each convertible to one equity share at ₹70 per warrant, were allotted to Lenexis Foodworks Private Limited. The aggregate value for these warrants is ₹599.99 crore, with an initial payment of ₹149.99 crore (25% of the aggregate amount) made by the acquirer. The remaining amount for the warrants will be paid upon exercise and conversion within 18 months from the allotment date. The total funds raised through this preferential issue amount to approximately ₹1500 crore. The newly issued equity shares and those arising from warrant conversion will be listed on BSE and NSE. This allotment increases the company's paid-up equity share capital to ₹711.44 crore, comprising 71,14,47,715 equity shares. The Fund Raising Committee meeting commenced at 9:07 p.m. and concluded at 9:14 p.m. The outcome is also available on the company's website.
