Restaurant Brands Asia Promoter Pledges 11.88 Cr Shares for Acquisition Funding

Restaurant Brands Asia Limited's promoter, Lenexis Foodworks Private Limited, has disclosed the creation of a pledge over 11,88,93,177 equity shares. This encumbrance represents 14.84% of the total share capital on a fully diluted basis. The reason cited for this pledge is to raise funds for an acquisition transaction. The shares have been pledged in favour of CTL Trusteeship Limited on behalf of debenture holders. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.