Preferential issue of shares and warrants to new promoters at INR 70
RBA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 1.9 pts more than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Restaurant Brands Asia (Burger King India) board approved issuing 12.85 crore equity shares and 8.57 crore warrants at INR 70 each to Lenexis Foodworks and 3 other acquirers, aggregating to about INR 1,500 crores. The new acquirers will also buy 11.26% stake from existing promoters and become new promoters. EGM on Feb 13, 2026. Authorised share capital to rise from INR 700 crores to INR 900 crores.
Change of control. Existing promoters exit, new acquirers take over with 26.74% post-allotment. Open offer triggered. Expect volatility.