Key Quantitative Figures

  • Lenexis Foodworks Private Limited (Acquirer 1) allotted: 12,85,71,128 equity shares and 8,57,14,285 warrants
  • Aayush Agrawal Trust (Acquirer 2) allotted: 100 equity shares
  • Inspira Foodworks Private Limited (Acquirer 3) allotted: 100 equity shares
  • Mr. Aayush Madhusudan Agrawal (Acquirer 4) allotted: 100 equity shares
  • Open offer size: 20,80,61,717 equity shares representing 26.00% of expanded voting share capital
  • Post-allotment shareholding: 12,85,71,428 shares (18.07% of total equity shares excluding warrants and employee stock options)
  • Allotment price: ₹70.00 per share

Parties Involved

Acquirers: Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, Mr. Aayush Madhusudan Agrawal

Person Acting in Concert: Inspira Agro Trading LLC

Sellers: QSR Asia Pte. Ltd. (Seller 1), F&B Asia Ventures (Singapore) Pte. Ltd. (Seller 2)

Target Company: Restaurant Brands Asia Limited

Capital Structure Impact

  • Total shares allotted in preferential issue: 12,85,71,428 equity shares
  • Additional warrants allotted: 8,57,14,285 warrants
  • Employee stock options outstanding: 39,55,459 as of June 2, 2026 (including 1,18,571 options exercised on May 21, 2026 pending allotment)
  • Post-allotment holding calculation excludes warrants and outstanding employee stock options

Special Arrangements

All allotted equity shares and warrants have been placed in a separate demat escrow account in accordance with Regulation 22(2A) of SEBI (SAST) Regulations. The securities will be released to acquirers' demat accounts upon completion of the open offer and the earlier of: (i) expiry of twenty-one working days from the date of detailed public statement provided entire consideration for open offer has been deposited in escrow; or (ii) expiry of the offer period of the open offer.

Purpose/Rationale

The allotment was made pursuant to a securities subscription agreement dated January 20, 2026 and as part of a broader transaction that triggered a mandatory open offer under SEBI takeover regulations.

#Tags: #RestaurantBrandsAsia #SEBISASTRegulations #PreferentialAllotment #OpenOffer #RegulatoryCompliance #Neutral