Restaurant Brands Asia Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 21, 2025
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Restaurant Brands Asia Limited (formerly Burger King India) has notified shareholders about its 12th Annual General Meeting scheduled for Thursday, August 21, 2025, at 3:00 PM IST, to be held via video conferencing. Key items on the agenda include adoption of audited financial statements for FY2024-25, re-appointment of Mr. Rafael Odorizzi De Oliveira as a director retiring by rotation, appointment of M/s. Mehta & Mehta as Secretarial Auditors for a 5-year term (FY2025-26 to FY2029-30), and approval to increase the authorized share capital from ₹600 crore to ₹700 crore (adding 10 crore equity shares of ₹10 each). Shareholders will also vote on paying remuneration of up to ₹10 lakh per annum to non-executive director Mr. Ajay Kaul for 3 years starting April 1, 2025. The remote e-voting window runs from August 17 to August 20, 2025, with the cut-off date set as August 14, 2025.
The proposed increase in authorized share capital from ₹600 crore to ₹700 crore is the most material item, as it gives the company flexibility to issue new equity in the future, which could lead to dilution for existing shareholders. The other items are largely routine governance matters, though the ₹10 lakh annual remuneration to a non-executive director is noteworthy given the company's history of losses.