Burger King India parent faces 26% open offer at INR 70.39/share, window opens June 8
Lenexis Foodworks, Aayush Agrawal Trust and co-acquirers launch SEBI takeover open offer for Restaurant Brands Asia, operator of Burger King India. The offer targets up to 20.8 crore shares (26% stake) at INR 70.39 apiece, with the tendering window running June 8-19, 2026.
What happened
SEBI takeover open offer for Restaurant Brands Asia (Burger King India operator) opens June 8-19, 2026. Lenexis Foodworks, Aayush Agrawal Trust and co-acquirers
Key facts
- INR 70.39 per share
- 20,80,61,717 shares
- 26.00% stake
- Offer window June 8-19, 2026
Why this matters
Lenexis Foodworks and the Aayush Agrawal Trust consortium taking a SEBI-mandated 26% open offer position Burger King India for a possible control shift, opening the door to JV renegotiation, master franchise reviews, and competitor counter-bids in Indian QSR.