Barbeque Nation Hospitality Limited has informed the Exchange about Completion of acquisition of 51% of equity share capital of Willow Gourmet Private Limited
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Barbeque Nation Hospitality Limited has completed the acquisition of a 51% stake in Willow Gourmet Private Limited (WGPL) as of June 30, 2025. This follows a Share Subscription Agreement and Shareholders' Agreement signed earlier, with a prior intimation dated April 30, 2025. With the 51% majority stake, WGPL has now become a subsidiary of Barbeque Nation. The acquisition was carried out through a share subscription route rather than an open market purchase. Barbeque Nation, listed on both BSE (Scrip Code: 543283) and NSE (Scrip Symbol: BARBEQUE), is expanding its portfolio by bringing a new entity under its control.
This is a positive development for shareholders as it marks the formal addition of a new subsidiary to Barbeque Nation's business portfolio, potentially contributing to future revenue and growth. Investors should watch for further disclosures on the strategic rationale and financial impact of integrating WGPL.