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Barbeque-Nation completes acquisition of further 6.34% stake in Toscano

11 Aug 2022 Evaluate

Barbeque-Nation Hospitality has completed the acquisition of 414 equity shares constituting 6.34% paid-up share capital of Red Apple Kitchen Consultancy (Toscano), a subsidiary of the company, on August 10, 2022. Post the aforesaid acquisition, the shareholding of the company in the said Subsidiary stands increased to 75.16%.

Barbeque-Nation Hospitality is one of the leading casual dining chains in India, the company pioneered the concept of 'over the table barbeque' live grills embedded in dining tables - allowing guests to grill their own barbecue’s right at their tables.

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