Burger King India has received approval for raising of funds by way of further issuance of securities through public and/or private offerings including preferential issue, qualified institutions placement (QIP), further public offer or any of the permissible modes (in one or more tranches), for an aggregate amount not exceeding Rs 1,500 crore, subject to applicable laws and necessary shareholder and statutory / regulatory approvals, as applicable.
The Board of Directors of the Company at its meeting held on December 15, 2021 has, inter alia considered and approved the same.
Burger King India operates as a restaurant. The company prepares and distributes ready to eat food products such as burgers, fries, and beverages. Burger King India serves customers in India.
