Lenexis Foodworks Private Limited and other acquirers have initiated a mandatory open offer to acquire up to 20,80,61,717 equity shares, representing 26.00% of the expanded voting share capital of Restaurant Brands Asia Limited . The offer price is ₹70.00 per share, with an additional applicable interest of ₹0.39 per share, resulting in a total consideration of up to ₹14,64,54,64,260. The offer follows a preferential allotment that reduced the promoter's stake to 9.22% and is subject to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The tendering period for the open offer commences on June 8, 2026, and concludes on June 19, 2026. Public shareholders can tender their shares through the stock exchange mechanism provided by BSE and NSE. The offer is not conditional upon a minimum level of acceptance. Motilal Oswal Investment Advisors Limited acts as the manager to the offer, and MUFG Intime India Private Limited is the registrar.

Offer Details

Statutory Approvals and Timelines

The Competition Commission of India approved the transaction on May 20, 2026, and the stock exchanges granted in-principle approval on February 27, 2026. The letter of offer was dispatched to shareholders identified as of May 22, 2026, by May 30, 2026. The last date for payment of consideration to accepting shareholders is July 6, 2026. The independent directors committee has recommended the offer, stating the price is fair and reasonable.

RajasthanGlobal Securities Pvt. Ltd. has made a substantial acquisition of equity shares in Restaurant Brands Asia Ltd. , as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was executed through the open market on 27.05.2026, with the acquirer confirming that it does not belong to the promoter or promoter group of the target company.

Acquisition Details

RajasthanGlobal Securities Pvt. Ltd. acquired 12,87,378 equity shares carrying voting rights, equivalent to 0.22% of the total share and voting capital of Restaurant Brands Asia Ltd. The acquisition was carried out entirely through the open market, with no warrants, convertible securities, or encumbered shares involved in the transaction.

The following table summarises the key parameters of the acquisition:

Shareholding Before and After Acquisition

Prior to this transaction, RajasthanGlobal Securities Pvt. Ltd. held 5,30,76,411 shares in Restaurant Brands Asia Ltd., representing 9.11% of the total share and voting capital. Post-acquisition, the total holding has risen to 5,43,63,789 shares, accounting for 9.33% of the total share and voting capital.

Share Capital of the Target Company

The equity share capital of Restaurant Brands Asia Ltd. remained unchanged at 582746905 shares of Rs.10 each both before and after the acquisition. The total diluted share and voting capital of the target company also stands at 582746905 shares of Rs.10 each post-acquisition, as there are no outstanding convertible securities or warrants that would alter the diluted share count.

The disclosure was signed by an authorised signatory of Rajasthan Global Securities Pvt. Ltd. and filed from New Delhi on 27.05.2026.