Restaurant Brands Asia’s promoter offloads 25.3% stake of company

18 Sep 2023 Evaluate

Restaurant Brands Asia’s promoter -- Everstone Capital through its investment vehicle Qsr Asia has offloaded the shares of the company through an open market transaction. According to the block deal data available with the NSE, Qsr Asia Pte sold 12,54,41,820 shares, amounting to a 25.3 per cent stake in Restaurant Brands Asia. The shares were disposed of at an average price of Rs 119.10 apiece, taking the transaction value to Rs 1,494 crore. 

Amal N Parikh, Tata Mutual Fund (MF), Quant MF, Plutus Wealth Management LLP, Franklin Singapore 3 Banken Asia Stock-Mix, Avendus Absolute Return Fund, ICICI Prudential Life Insurance, Goldman Sachs, TD Emerging Markets Fund and Societe Generale, among others were the buyers of the shares.

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

79.60 -0.89 (-1.11%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Westlife Development 825.00
Restau. Brands Asia 79.60
Barbeque-Nation Hosp 466.10
Coffee Day Enter. 25.15
Speciality Restauran 147.95
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