Restaurant Brands Asia shares rise ahead of January 20 board meet for fundraising
Restaurant Brands Asia shares gained 1.90% following announcement of board meeting on January 20 to consider fundraising through various instruments including equity shares, warrants, and debt securities. The company has implemented trading window restrictions until 48 hours after the meeting. Separately, Everstone Capital is reportedly reviving exit efforts for its 11.27% stake, with multiple bidders showing interest.

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Restaurant Brands Asia Limited shares gained 1.90% to close at ₹68.95 on Thursday after the company announced its board will meet on January 20 to consider various fundraising proposals. The company, which operates Burger King and Popeyes franchises in India, submitted the intimation to stock exchanges on January 15 in compliance with SEBI Listing Regulations.
Fundraising Proposals Under Consideration
The board meeting will focus on evaluating multiple fundraising options to strengthen the company's financial position. The directors will consider raising funds through various financial instruments and methods, subject to approval from company members and regulatory authorities.
| Instrument Type: | Details |
|---|---|
| Equity Instruments: | Equity shares, warrants |
| Convertible Securities: | Convertible or exchangeable securities |
| Debt Securities: | Various debt instruments |
| Issue Methods: | Preferential issue, rights issue, qualified institutional placement |
| Basis: | Private placement and other appropriate methods |
The fundraising proposals will require approval from company members and relevant statutory authorities before implementation. The board retains flexibility to choose the most suitable combination of instruments and methods based on market conditions and strategic requirements.
Everstone Capital Exit Developments
In November, reports indicated that Everstone Capital had revived efforts to exit Restaurant Brands Asia, with talks progressing rapidly and multiple parties submitting interest. The private equity firm holds an 11.27% stake in the company through QSR Asia Pte Ltd. and was reportedly in advanced negotiations with a mix of financial and strategic bidders.
| Parameter: | Details |
|---|---|
| Everstone Stake: | 11.27% via QSR Asia Pte Ltd. |
| Bidder Types: | Financial and strategic investors |
| Potential Impact: | Change in controlling promoter may trigger open offer |
| Regulatory Requirement: | Open offer under takeover norms |
Sources indicated that contenders included a family office of a listed company with existing QSR footprint, along with other private equity investors evaluating the deal. If the transaction proceeds, a change in controlling promoter would likely trigger an open offer as required under takeover regulations.
Stock Performance and Trading Restrictions
The stock has shown mixed performance with a 7.80% gain in the past month, though it has declined 11.70% over the past year. The company has implemented trading window restrictions for designated persons and their immediate relatives, effective from January 1 until 48 hours after the board meeting concludes.
| Trading Parameter: | Details |
|---|---|
| Current Price: | ₹68.95 |
| Daily Change: | +1.90% |
| Monthly Performance: | +7.80% |
| Annual Performance: | -11.70% |
| Trading Window Closure: | January 1 onwards |
| Reopening: | 48 hours after board meeting |
The trading window restrictions cover both the consideration of unaudited financial results for the third quarter and nine months ending December 31, as well as the fundraising proposals, ensuring compliance with SEBI Insider Trading Regulations.
Historical Stock Returns for Restaurant Brand Asia (Burger King)
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.54% | +2.21% | -1.69% | -18.86% | -14.53% | -57.98% |


































