SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Barbeque-Nation Hospitality gets nod to acquire further stake in Red Apple

08 Feb 2023 Evaluate

Barbeque-Nation Hospitality has received an approval for further acquisition of 200 Equity Shares constituting 3.06% of Paid-up Share Capital, having face value of Rs 100 each, of Red Apple Kitchen Consultancy (Red Apple), a subsidiary of the company, through secondary acquisition i.e., from the existing Shareholders of Red Apple for a total consideration of Rs 5.80 crore. Consequent upon the aforesaid acquisition, the shareholding of the company in Red Apple will increase to 78.22%.

The Company intends to increase its stake in the subsidiary. The Business of Subsidiary is in line with the business of the company. The Board of Directors of the Company at their Meeting held on February 7, 2023 has approved the same.

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.

United Foodbrands Share Price

324.95 11.05 (3.52%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×