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Restaurant Brands Asia Receives Open Offer at ₹70 Per Share for 26% Stake
Restaurant Brands Asia (RBA) has received a Detailed Public Statement for an open offer from a consortium led by Lenexis Foodworks and Mr. Aayush Madhusudan Agrawal. The acquirers intend to purchase up to 20.81 crore equity shares, representing 26% of the expanded voting share capital, at a price of ₹70 per share. This transaction is triggered by a preferential issue and a Share Purchase Agreement, with a total open offer consideration of approximately ₹1,456.43 crore. The move signifies a potential change in the controlling interest of the company.
Key Highlights
Open offer to acquire up to 20,80,61,717 equity shares at ₹70.00 per share
Total potential cash consideration for the open offer is ₹1,456.43 crore
Acquirers include Lenexis Foodworks, Aayush Agrawal Trust, and Inspira Foodworks
Offer triggered by preferential allotment of 12.85 crore shares and 8.57 crore warrants
Negotiated price for the underlying share purchase agreement is also set at ₹70 per share
💼 Action for Investors
Investors should monitor the stock's market price relative to the ₹70 offer price; if the market price remains significantly higher, the open offer may see low participation. Long-term investors should evaluate the strategic intent of the new acquirers, specifically the Lenexis Foodworks group, in scaling the Burger King and Popeyes brands.
Urban Company Partners with HDFC Pension to Secure 50,000+ Service Professionals
Urban Company has collaborated with HDFC Pension to introduce the National Pension System (NPS) for over 50,000 service professionals on its platform. This initiative allows gig workers to voluntarily enroll in a structured retirement savings scheme regulated by the PFRDA. The company reported that its active service professionals earn an average monthly net income of INR 28,322, with the top 5% earning INR 51,673. This move is part of a broader strategy to institutionalize welfare and financial security for its workforce, which is critical for long-term operational stability.
Key Highlights
Collaboration with HDFC Pension to provide NPS access to 50,000+ service professionals.
Average monthly net earnings for active professionals reached INR 28,322 in FY26.
Top 5% of service professionals on the platform earn an average of INR 51,673 per month.
Existing benefits include life insurance cover up to INR 10 lakh and disability cover up to INR 6 lakh.
💼 Action for Investors
Investors should view this as a positive ESG development that enhances partner retention and mitigates regulatory risks in the gig economy. Monitor if these welfare measures lead to improved service quality and lower partner churn rates.