Rajasthan Global Securities Pvt. Ltd. has increased its shareholding in Restaurant Brands Asia Ltd. to 5.00% following a recent acquisition of shares through open market purchases, as disclosed under SEBI's substantial acquisition regulations.

Acquisition Details

The investment firm acquired 15,87,574 shares representing 0.27% of Restaurant Brands Asia's total share capital on March 13, 2026. This transaction was conducted through open market purchases, bringing the total shareholding from the previous 2,75,69,832 shares to 2,91,57,406 shares.

Regulatory Compliance

The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rajasthan Global Securities confirmed that it does not belong to the promoter or promoter group of Restaurant Brands Asia. LRSD Securities Pvt. Ltd. has been identified as a person acting in concert with the acquirer.

Company Structure

Restaurant Brands Asia maintains its equity share capital at 582746905 shares of Rs.10 each both before and after the acquisition. The company's shares are listed on both BSE and NSE exchanges. The total diluted share capital remains unchanged at 582746905 shares.

Transaction Summary

The acquisition represents a strategic increase in shareholding that crosses the 5% threshold, triggering mandatory disclosure requirements under SEBI regulations. The transaction was completed entirely through voting shares, with no involvement of encumbrances, warrants, or convertible securities.

Restaurant Brands Asia Limited successfully concluded its Extra-Ordinary General Meeting on February 13, 2026, with all four proposed resolutions receiving shareholder approval. The meeting was conducted through video conferencing from 11:00 a.m. to 12:43 p.m. IST, demonstrating strong shareholder participation across all categories and paving the way for a major INR 1,500 crore fund raising initiative.

Meeting Overview and Strategic Announcements

The EGM recorded significant shareholder engagement with a total of 256,222 shareholders on the record date of February 06, 2026. Mrs. Tara Subramaniam, Independent Director, chaired the meeting which witnessed participation from 134 shareholders through video conferencing, including 2 from the promoter group and 132 from the public category. Additionally, 8 public shareholders attended either in person or through proxy.

Major Fund Raising Initiative

Mr. Rajeev Varman, Whole-time Director and Group Chief Executive Officer, briefed members about the company's performance and outlined the main agenda covering the fund raising strategy. The company plans to raise funds through issuance of around 12.86 crore equity shares and around 8.57 crore warrants convertible into equity shares, both at an offer price of ₹70, aggregating to around INR 1,500 crore.

Resolution Outcomes and Voting Results

The ordinary resolution for increasing the authorized share capital from existing INR 700 crore to INR 900 crore and consequent alteration to the Capital clause of the Memorandum of Association received overwhelming support with 99.89% approval from shareholders who voted.

The special resolution for issuance of equity shares and warrants by way of preferential issue on a private placement basis was approved with 99.58% of the votes in favour, enabling the company to raise capital through preferential allotment to identified investors.

Strategic Partnership and Governance Changes

Inspira Global's intention to support the company's growth strategy and strengthen its operational and financial flexibility for the next phase of expansion was highlighted during the meeting. The strategic investor will acquire controlling interest in the company, triggering an open offer as per regulatory requirements.

The special resolution for adoption of amended and restated Articles of Association and grant of special rights to identified shareholders received 90.38% approval. This resolution incorporates certain rights of the incoming promoters and removal of the rights of exiting promoters.

Executive Remuneration and Compliance

The special resolution for payment of remuneration to Mr. Rajeev Varman as Whole-Time Director and Group Chief Executive Officer achieved the highest approval rate of 99.90%, demonstrating strong shareholder confidence in the leadership.

Ms. Alifya Sapatwala, Partner at M/s. Mehta & Mehta Company Secretaries, served as the appointed scrutinizer for the voting process. The remote e-voting facility was provided by MUFG Intime India Private Limited, with the voting period from February 09, 2026, to February 12, 2026. The meeting was conducted in full compliance with the Companies Act, 2013, SEBI regulations, and MCA circulars regarding virtual meetings.