The proposal is subject to such regulatory approvals as may be required, including approval of the shareholders of the company.
Restaurant Brands Asia is into the business of Quick Service Restaurants under the brand name of 'Burger King.'
The company reported consolidated net loss of Rs 65.45 crore in Q2 FY25 as compared with net loss of Rs 50.65 crore in Q2 FY24.Revenue from operations advanced 1.2% YoY to Rs 632.43 crore in Q2 FY25.
Shares of Restaurant Brands Asia shed 0.24% to Rs 81.89 on the BSE.