Speciality Restaurants has executed the share purchase and shareholders agreement with the existing shareholders of Love Sugar and Dough (LSDPL). The company has executed the agreements in relation to acquisition of LSDPL.
The company had earlier on May 28, 2014 received board's approval for acquisition of 51% stake in LSDPL for Rs 75 lakh by way of purchase of shares from the existing shareholder.
Speciality Restaurants focuses on providing the guests an affordable fine dining experience with quality food and service in a modern ambience. The company’s restaurants consist of different restaurant concepts and are located across India, particularly in the western region. Its flagship brand is Mainland China which serves Chinese cuisine in a standalone fine dining setting.
