Rajasthan Global Securities Pvt. Ltd., along with its Persons Acting in Concert (PAC), has filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting a fresh acquisition of shares in Restaurant Brands Asia Ltd. . The transaction was executed through the open market on 08.05.2026, and the disclosure was submitted from New Delhi on the same date.

Acquisition Details

The acquirer, Rajasthan Global Securities Pvt. Ltd., along with PACs — LRSD Securities Pvt. Ltd. and RGSL Investment LVF I — acquired 15,17,685 equity shares carrying voting rights, representing 0.27% of the total share and voting capital of Restaurant Brands Asia Ltd. None of the acquirer or PAC entities belong to the promoter or promoter group of the target company.

The following table summarises the shareholding position before and after the acquisition:

Acquirer and PAC Details

The entities involved in this disclosure are as follows:

Target Company Capital Structure

The equity share capital of Restaurant Brands Asia Ltd. remained unchanged before and after the acquisition. The total share capital, both pre- and post-acquisition, stands at 582746905 shares of Rs.10 each. The total diluted share and voting capital of the target company after the acquisition is also 582746905 shares of Rs.10 each.

Transaction Mode and Date

The acquisition was carried out through the open market route. The date of acquisition is 08.05.2026. No shares in the nature of encumbrance, voting rights otherwise than by equity shares, or warrants or convertible securities were involved in this transaction either before or after the acquisition.

Restaurant brand asia (burger king) has announced a major strategic investment decision, with its Borrowings, Investments, Loans and Finance Committee approving a substantial IDR 35 billion investment in PT Sari Burger Indonesia, the company's Indonesian subsidiary. The committee meeting was held on April 24, 2026, and concluded the approval process in accordance with SEBI Listing Regulations.

Investment Structure and Details

The approved investment involves the subscription of 35,000 redeemable cumulative non-convertible preference shares with a nominal value of IDR 1,000,000 per share. This structure provides the company with strategic flexibility while maintaining its existing equity shareholding position in the Indonesian operations.

Subsidiary Performance Overview

PT Sari Burger Indonesia operates as a significant component of Restaurant Brands Asia's international portfolio, managing 133 Burger King outlets across Indonesia as of March 31, 2026. The subsidiary has demonstrated substantial operational scale in the Indonesian quick service restaurant market.

Strategic Business Rationale

The investment proceeds will be utilized by PT Sari Burger Indonesia to meet business requirements and support operational expansion. The subsidiary, incorporated on September 27, 2006, operates under the Burger King trademark and manages food services, quick service restaurants, delivery, catering, and franchise operations throughout Indonesia.

This cash consideration transaction represents a related party investment that will be conducted at arm's length, with no additional governmental or regulatory approvals required for completion. The preference shares will not carry voting rights, ensuring no change in the existing equity shareholding structure while providing necessary capital support for business growth.