The report states that private equity firm Everstone is looking to sell its entire 11.26 per cent stake in the company
In a move to mark its exit from Restaurant Brands Asia, the franchisee for Burger King in India and Indonesia, private equity firm Everstone is looking to sell its entire 11.26 per cent stake in the company, Reuters reported.
The stake of Everstone Capital, through its investment arm QSR Aisa Pte, is valued at USD 57 million currently. The report noted that RBA will get a new strategic investor under the deal. While the names are not disclosed yet, Reuters added that the family office of the founders of Ajanta Pharma is posed to be the investors in the deal. The family office could inject upto Rs 8 billion in RBA, it added.
However, Ajanta Pharma has stated that it not looking to acquire any stake in the company and has termed the news reports as ‘incorrect’. The company has denied the rumours and speculation circulating on social media in this regard
“In this regard, we would like to clarify that neither Ajanta Pharma nor its management is party to, and involved in, the transaction referred to in the said news article. The company or its Management has not entered into, discussed, negotiated, or considered any proposal relating to the acquisition of any stake in Restaurant Brands Asia or any Burger King franchise entity. Accordingly, the reference to Ajanta Pharma in the said news article is incorrect and does not relate to the company,” the company stated in a regulatory filing.
Earlier, RBA, in a regulatory filing, stated that a meeting of the board of directors is scheduled to be held on Tuesday (20 January 2026) to consider and evaluate raising of funds. For the second quarter of FY26 ending on 30 September 2025, RBA, earlier known as Burger King India, reported standalone revenue from operations at Rs 568.7 crore, an increase of 15.6 per cent over the same period last year. Gross margin was at 68.3 per cent, rising by 80 basis points over the same quarter in the preceding year and by 60 bps over Q1 FY26.
Standalone earnings before interest, tax, depreciation and amortisation (ebitda) for the quarter was at Rs 81.3 crore, growing by 16.3 per cent year-on-year. Restaurant count for Burger King India stood at 533 with a net addition of 14 stores during the quarter, it said in a regulatory filing. (With Reuters inputs).
