Lenexis Foodworks Private Limited has pledged 11,88,93,177 equity shares of Restaurant Brand Asia (Burger King) , representing 16.71% of the company's total voting capital. The pledge was created on July 14, 2026, to raise funds for acquisition transactions and an open offer. The disclosure was submitted to the exchanges on July 16, 2026, under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The funds raised will facilitate the acquisition of QSR Asia Pte. Ltd. and F&B Asia Ventures (Singapore) Pte. Ltd. pursuant to a share purchase agreement dated January 20, 2026. The transaction also involves a securities subscription agreement with Restaurant Brands Asia Limited and triggers an open offer. The value of the pledged shares is ₹844,49,82,363, calculated based on the volume weighted average price of ₹71.03 on the date of pledge creation.

Lenexis Foodworks Private Limited holds the status of a promoter in the target company. Prior to the creation of the pledge, the entity held 29,72,32,943 equity shares, constituting 41.76% of the paid-up share capital. The total shareholding post-pledge remains unchanged at 29,72,32,943 equity shares, as the creation of pledge does not alter ownership structure.

Shareholding and Pledge Details

The disclosure confirms that the pledge is for a bonafide purpose related to the acquisition. The total equity share capital of the target company is INR 7,11,71,88,620, divided into 71,17,18,862 equity shares of INR 10 each.

The shares of Restaurant Brands Asia are listed on BSE Limited and National Stock Exchange of India Limited. The transaction was executed off-market, and no derivatives were traded by the promoter group related to this disclosure.

F&B Asia Ventures (Singapore) Pte. Ltd. has divested its entire residual shareholding in restaurant brand asia (burger king) through an off-market transaction. The entity sold 1 equity share on July 7, 2026, for a total consideration of ₹70, as disclosed under Regulation 7(2)(a) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The sale was executed by F&B Asia Ventures as a nominee on behalf of QSR Asia Pte. Ltd. Prior to this disposal, the entity held 1 equity share, which represented 0% of the total share capital of the company. Post-transaction, the shareholding has reduced to nil.

Transaction Details

The disclosure, submitted to the stock exchanges on July 8, 2026, outlines the specifics of the off-market transfer. F&B Asia Ventures was classified as an erstwhile member of the promoter group before being reclassified as a public shareholder under Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

The company confirmed receipt of the disclosure from F&B Asia Ventures and subsequently forwarded the intimation to BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Atul Kapur, Director of F&B Asia Ventures (Singapore) Pte. Ltd., and Shweta Sunil Mayekar, Company Secretary and Compliance Officer of Restaurant Brands Asia Limited.