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Corporate News - Detailed News Back
Restaurant Brands Asia acquires 26% stake in Navitas Renewables for Rs 11,00,000
16-Sep-26   14:28 Hrs IST

Restaurant Brands Asia Limited, formerly Burger King India Limited, announced that its Borrowings, Investments, Loans and Finance Committee approved the acquisition of 26% equity shares in Navitas Anant Renewables Two Private Limited for Rs 1,10,00,000 to supply solar power to the company's restaurants in India, with completion expected by January 31, 2027. Additionally, the company approved an investment in its subsidiary, PT Sari Burger Indonesia, through the acquisition of up to 1,00,000 redeemable cumulative non-convertible preference shares for an amount not exceeding IDR 100 billion, equivalent in Indian rupees, with completion expected by December 31, 2026.


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