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Restaurant Brands Asia gains on acquiring 87.75% stake in BK Indonesia

10 Mar 2022 Evaluate

Restaurant Brands Asia is currently trading at Rs. 110.25, up by 1.40 points or 1.29% from its previous closing of Rs. 108.85 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 114.00 and Rs. 108.40 respectively. So far 43374 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 189.95 on 02-Aug-2021 and a 52 week low of Rs. 95.20 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 114.00 and Rs. 101.50 respectively. The current market cap of the company is Rs. 5425.04 crore.

The promoters holding in the company stood at 52.52%, while Institutions and Non-Institutions held 21.69% and 25.79% respectively.

Restaurant Brands Asia has successfully completed the acquisition of controlling stake of 87.75% in PT Sari Burger Indonesia (BK Indonesia) on March 9, 2022 as per the terms of the sale and purchase agreement executed by and amongst the company, QSR Indoburger (QSR Indo), PT Mitra Adiperkasa TBK (MAP), F&B Asia Ventures (Singapore) and BK Indonesia on December 16, 2021 (SPA) and the Share Subscription cum Shareholders’ Agreement executed between the Company, PT Mitra Adiperkasa TBK, and BK Indonesia on December 16, 2021, as amended (SSHA). Consequently, BK Indonesia has become a subsidiary of the company wherein the company holds 87.75% of the equity shares in BK Indonesia.

Restaurant Brands Asia 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.

Restau. Brands Asia Share Price

63.24 0.34 (0.54%)
17-Apr-2026 16:59 View Price Chart
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