Announced Tue, 7 Jul · 22:03 IST
Ownership change at RBA: new promoters take control, board reshuffled
RBA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹73.00
prior close
₹72.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.5-0.0-0.4+1.6+0.2-0.4-3.5-4.1-9.0————
Up moveDown movePending
AI summary
Restaurant Brands Asia (Burger King India) saw change of control on July 7, 2026. New promoters Lenexis Foodworks and related entities acquired 6.56 crore shares from old promoters and were allotted 12.85 crore fresh shares plus 8.57 crore warrants. Three directors resigned. Madhusudan Agrawal (co-founder of Ajanta Pharma) was appointed Chairman along with his son Aayush, representing the new promoter group.
Likely market impact
Ownership shifts from Burger King global to Indian promoter group led by Agrawal family. Fresh capital and new management in place. Watch for strategy shifts.