MoneyWorks4Me

Barbeque-Nation Hospitality gets nod to acquire additional stake in Red Apple Kitchen Consultancy

29 May 2023 Evaluate

Barbeque-Nation Hospitality has received approval for further acquisition of 275 Equity Shares constituting 4.21% Paid-up Share Capital, having face value of Rs 100 each, of Red Apple Kitchen Consultancy (Red Apple), Subsidiary of the Company, through secondary acquisition i.e., from the existing Shareholders of Red Apple for a total consideration of Rs 10.06 crore. 

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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