Restaurant Brands Asia: Lenexis Foodworks Acquires Stake via Preferential Issue

Restaurant Brands Asia Limited has received disclosures under SEBI (SAST) Regulations, 2011, regarding a preferential issue. Lenexis Foodworks Pvt Ltd has been allotted 12,85,71,128 equity shares and 8,57,14,285 warrants. Aayush Agrawal Trust, Inspira Foodworks Pvt Ltd, and Aayush Madhusudan Agrawal have also received smaller equity allotments. This transaction, along with a share purchase agreement, triggers a mandatory open offer for up to 26% of the expanded voting share capital. The acquirers, upon closing, will become the promoters of the company.