Announced Tue, 7 Jul · 21:45 IST

RBA completes change of control, Agrawal family joins board

Promoter Family Board EntryManagement Changes View source PDF

RBA · price

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▲ 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) completed change of control on July 7, 2026. New promoters Lenexis Foodworks and the Agrawal family acquired about 6.56 crore shares from QSR Asia, becoming promoters. Old promoters reclassified as public. Three non-independent directors resigned. Madhusudan Agrawal (father) and Aayush Agrawal (son) joined the board. Madhusudan is the new Chairman, replacing Tara Subramaniam who stays on as a director.

Likely market impact

Major change of control. New promoter family now leads the company, which could bring strategic shifts and fresh direction for the Burger King India business.