Restaurant Brands Asia Limited has submitted the Exchange a copy Scrutinizers report of 01/2025-26 Extra-ordinary General Meeting held on February 13, 2026. Further, the company has informed the Exchange regarding voting results.
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Restaurant Brands Asia Limited (formerly Burger King India) held an Extra-Ordinary General Meeting on February 13, 2026, where all four resolutions were passed. Resolution 1 (Ordinary) approved an increase in the Authorized Share Capital and alteration of the Capital clause of the Memorandum of Association, with 99.89% votes in favour. Resolution 2 (Special) approved issuance of Equity Shares and Warrants via a preferential issue on a private placement basis, with 99.58% in favour. Resolution 3 (Special), which covered adoption of amended Articles of Association and grant of special rights to identified shareholders, received the lowest support at 90.38% in favour, with 13.09% of institutional public votes against. Resolution 4 (Special) approved remuneration for Mr. Rajeev Varman as Whole-Time Director and Group CEO, with 99.90% in favour. Out of 256,222 total shareholders, 68.15% of outstanding shares were polled overall, with promoters (65.6 million shares) voting 100% in favour of all resolutions.
The preferential issue and authorized capital hike signal a planned equity fundraising that could dilute existing shareholders. Grant of special rights to identified shareholders and lower institutional support (13% voted against) on the AOA resolution may raise minority shareholder concerns, while CEO remuneration approval clears governance uncertainty.