Restaurant Brands Asia Limited has informed the Exchange about Appointment of Interim Chief Financial Officer of the Company

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Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹79.02

prior close

₹78.48

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%+1.2% vs market

Restaurants peers, median of 9sector-0.1%+2.6% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 2.6 pts more than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

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AI summary

Restaurant Brands Asia Limited (formerly Burger King India) has appointed Mr. Sumit Zaveri as the Interim Chief Financial Officer of the Company, effective May 6, 2025. Mr. Zaveri is already working with the Company as Group CFO and Chief Business Officer, and will hold the Interim CFO position until the Board appoints a new full-time CFO. He is a qualified Chartered Accountant and Cost Accountant with over 27 years of experience in finance, treasury, budgeting, and management information systems, and has been with the Company since September 2019. His previous stints include Nature's Basket Limited, Tata Starbucks Limited, and Indian Hotels Company Limited. The appointment was approved at a Board meeting held on May 6, 2025.

Likely market impact

This is an internal appointment (not an external hire) to fill the CFO role on a temporary basis, suggesting the previous CFO has moved on and the company is in transition. Shareholders should expect a search for a permanent CFO to follow, and any near-term stock reaction is likely to be limited given the continuity provided by an existing senior executive.