Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('the said regulation'), Shri Bajrang Alliance has informed that the company has signed a Letter of Intent with Franwork Brands for opening of 100 QSR (Quick Service Restaurant) for the Calendar Year 2022. This is the Asia Largest integrated franchise solution Company since 1999 and the first company to introduce & develop franchising market in India and an absolute authority on franchising, licensing and retailing. It has served leading corporations like McDonald's, Pizza Hut, KFC, Burger King for developing Franchise business globally.
The above information is a part of company’s filings submitted to BSE.