Interim report
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restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in August 03, 2026 BSE Limited Corporate Relations Department Phiroze Jeejeeboy Towers Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 543248 National Stock Exchange of India Limited Listing Department Exchange Plaza, 5th Floor, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 SYMBOL: RBA Sub.: Outcome of the meeting of the Board of Directors of Restaurant Brands Asia Limited (‘the Company’) Ref.: 1. Regulation 30 and 33 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) 2. SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (‘Master Circular’) Dear Sir/Ma’am, In reference to our letter dated July 27, 2026 and pursuant to the SEBI Listing Regulations and Master Circular, we wish to inform you that the Board of Directors (‘Board’) of the Company at its meeting held today i.e. Monday, August 03, 2026 (‘meeting’), has inter alia: 1. considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 , 202 6 (‘Unaudited Financial Results ’). The said Unaudited Financial Results of the Company along with the Limited Review Report of the Statutory Auditors are enclosed herewith. 2. considered and approved investment in PT Sari Burger Indonesia, subsidiary of the Company, by way of acquisition of not exceeding 1,00,000 (One Lakh) redeemable cumulative non-convertible preference shares at a nominal value of IDR 1,000,000 (Indonesia Rupiah One Million) per share through subscription , in one or more tranches f or an amount not exceed ing IDR 100 billion (Indonesia Rupiah One Hundred Billion) equivalent in INR. The details of the proposed investment, as required pursuant to the Master Circular are provided in Annexure I to this letter. The said meeting commenced at 1:33 p.m. (IST) and concluded at 3:50 p.m. (IST). The outcome of the said meeting is also being uploaded on the Company’s website i.e. www.burgerking.in. We request you to take the aforesaid on record. Thanking You, For Restaurant Brands Asia Limited Shweta Mayekar Company Secretary and Compliance Officer (Membership No.: A23786) Encl.: As above
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14th Floor, Central B Wing and North C Wing B S R & CO, LLP Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai — 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited standalone financial results of Restaurant Brands Asia limited for the quarter ended 30 June 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Restaurant Brands Asia limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Restaurant Brands Asia limited (hereinafter referred to as “the Company”) for the quarter ended 30 June 2026 (“the Statement”). 2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (*Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. 5. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it W Registerod Offica: B Wing and North C Wing, Nasco IT Park o Express Highway, Goregaon (East). Mumbai - 40006 o Page 1 0of 2 B'S R & Co. (a parinership firn with Registration No. BAG1223) converted inlo B S R & Co LLP (a 14t Fioor. Gent Limited Libilty Partnership with LLP Registration No. AAB.8161) wilh effect from Octobar 14, 2013 o s
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BSR&Co.LLP contains any material misstatement. Mumbai 03 August 2026 Limited Review Report (Continued) Restaurant Brands Asia limited ForBSR & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Rishabh Kumar Partner Membership No.: 402877 UDIN:26402877DUZFYD9241 Page 2 of 2
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RESTAURANT BRANDS ASIA LIMITED CIN : L55204MH2013FLC249986 Registered Office 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri East, Mumbai, Chakala MIDC, Mumbai, Maharashtra, India, 400093 Website: www.burgerking.in | Tel: 022-7193 3000 | E-mail: info@burgerking.in Statement of unaudited Standalone financial results for the quarter ended June 30, 2026 (% in Million) Particulars Quarter ended Year ended 30-Jun-26 31-Mar-26 30-Jun-25 31-Mar-26 Unaudited Audited Unaudited Audited (Refer Note 3) 1 Income a) Revenue from operations 6,828.98 5,734.61 552292 22,717.23 b) Other income 201.87 209.66 275.54 727.76 Total income -~ 7,030.85 5,944.27 5,798.46 23,444.99 2 Expenses ) Cost of materials consumed 1,992.19 1,708.01 1,784.08 7,034.15 b) Employee benefits expenses 97147 913.98 849.94 3,560.44 ©) Finance costs 444.80 457.32 409.73 1,687.99 d) Depreciation and amortisation expenses 763.70 737.60 662.62 2,804.97 e) Other expenses 2,890.73 2,130.57 2,207.80 8,728.32 Total expenses 7,062.59 5947.48 5914.15 23,813.87 3_Loss before exceptional item and tax [1-2] (31.74) (3.21) (115.69), (368.88) 4 Exceptional item (refer note no. 5) - 1,200.00 = 1,222.52 5 Loss before tax [3-4] (31.74) 1,203.21) (115.69) (1,591.40)| 6 Tax expenses a) Current tax B - 5 = b) Deferred tax - - - R 7_Loss for the periodiyear [5-6] (31.74) (1,203.21) (115.69) (1,591.40) 8 Other comprehensive income ! (loss) i) ltems that will not be reclassified to profit or loss - 719 (14.36) (10.46) ii) Income tax relating to above - - - - iii) Items that will be reclassified to profit or loss (32.16) - - - iv) Income tax relating to above - - - - Total other comprehensive income / (loss) for the (32.16) 719 (14.36) (10.26) periodiyear 9 Total comprehensive loss for the periodlyear (63.90) (1,196.02) (130.05) (1,601.86) [Comprising loss and other comprehensive income / (loss) for the periodiyear] [7+8] 10 Paid-up equity share capital (Face value of 10 each) 7,117.19 5,828.76 5,820.76 5,828.76 11 Other equity 15,264.55 12 Earnings Per Share (Face Value of Z 10 each) (not annualised for the period) a) Basic (in 7) (2.06) (0.20) (2.73) b) Diluted (in %) (2.06), (0.20), (2.73) s Westen Expiess HIGTaY Goregaon (851 Wumoa: - 400 063,
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Notes: 1. The above standalone financial results of Restaurant Brands Asia Limited (the “Company™) have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 03, 2026. 2. The standalone financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) as prescribed under Section 133 of the Companies Act 2013, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, as amended and SEBI circular dated July 5, 2016 3. The figures for the quarter ended March 31, 2026 as reported in these standalone financial results are the balancing figures between audited figures and the published unaudited year-to-date figures up to the end of the third quarter of financial year, which were only reviewed and not subjected to audit. 4. During the year ended March 31, 2025, the Company issued 8,33,33,333 fully paid-up equity shares to Qualified Institutional Buyers in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. These shares were issued at a price of 60.00 per share (including securities premium of X 50.00 per share) for an aggregate consideration of ¥ 5,000.00 million. The utilisation of the net Qualified Institutional Placement (“QIP”) proceeds is as summarised below: Particulars in Million Gross QIP Proceeds 5,000.00 Less: Issue Expenses (199.15) Net Proceeds 4,800.85 Utilisation: Prepayment and/or repayment, in full or in part, of all or a portion of certain of 720.00 the outstanding availed by our company Funding Capital expenditure requirement towards setting up new restaurants 2,515.65 in India General Corporate Purposes 793.75 Total Utilisation 4,029.40 Balance deposited held as Fixed deposits and mutual funds 771.45 5. Exceptional items for the quarter / year ended March 31, 2026 included below: a. OnNovember 21, 2025, the Government of India has implemented four new Labour Codes (the " Labour Codes"), including the Code on Wages, 2019, which amended the definition of "wages”. Based on the best information available, the Company carried out the actuarial valuation of gratuity and long-term compensated absences and recorded incremental financial impact of 22.52 million due to the change in wages definition. Considering that this impact is driven by regulatory changes and is non-recurring in nature, it is classified under exceptional item in the financial results of the Company. The Company continues to monitor the finalization of the Central and State Rules, as well as any further clarifications issued by the Government on other aspects of the Labour Codes and will record appropriate accounting impact as and when such developments occur. b. Impairment of investment in subsidiary PT Sari Burger Indonesia amounting to X 1,200.00 million for the year ended March 31, 2026.
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— 6. The Fund Raising Committee of the Company at their meeting held on June 2, 2026 considered and approved the allotment of the following securities, by way of a preferential issue on a private placement basis, for cash consideration, to Lenexis Foodworks Private Limited (“Acquirer 17), Aayush Agrawal Trust (“Acquirer 2), Inspira Foodworks Private Limited (formerly Inspira Realty 1 Private Limited) (“Acquirer 3”) and Mr. Aayush Madhusudan Agrawal (“Acquirer 47) (collectively, “Acquirers”™): Sr. Allottee Type of Price per Number of Aggregate Amount No. Securities Security Securities (INR) (INR) T | Acquirer | |Equity Shares 70.00 12,85,71,128] 8,99,99,78,960.00 2 Acquirer 2 | Equity Shares 70.00 100 7,000.00 3 Acquirer 3 | Equity Shares B 70.00 100 7,000.00 4 Acquirer 4 | Equity Shares 70.00 100 7,000.00 5 Acquirer 1 | Warrants' 17.50% 8,57,14,285 149,99,99,987.50 1The Warrants may be exercised and converted into equal number of Equity Shares, in one or more tranches, within 18 months from the date of allotment. 2Acquirer 1 paid 25% of the subscription price of INR 70.00 per Warrant, the balance 75% of the subscription price of INR 52.50 per warrant will be paid within 18 months from the date of subscription of warrants. Consequent to the following: a. 10,30,39,024 Equity Shares acquired by the Acquirers, pursuant to the completion of the open offer announced by the Acquirers and Inspira Agro Trading LLC (“IATL”) vide public announcement dated January 20, 2026 in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on July 6, 2026; and b. 6,56,23,090 Equity Shares held by QSR Asia Pte Ltd. (“Seller 17) along with 1 Equity Share held by F&B Asia Ventures (Singapore) Pte. Ltd. (“Seller 2”) (collectively with Seller 1, the “Sellers”), acquired by the Acquirers on July 7, 2026; the Acquirers and IATL acquired control over the Company and became the ‘promoters’ of the Company and the Sellers ceased to be classified as the promoter and member of promoter group of the Company and stand re-classified to the ‘public’ category, and such reclassification came into effect from July 7, 2026, being the date on which the Acquirers and IATL acquired control of the Company in accordance with the Explanation I to Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The utilisation of the net preferential issue proceeds is as summarised below: Particulars I % in Million Gross preferential issue proceeds 10,500.00 Less: Issue Expenses - Net Proceeds 10,500.00 Utilisation - Balance deposited held as mutual funds 10,500.00 7. The Group Chief Executive Officer (CEO) of the Company has been identified as Chief Operating Decision Maker (“CODM™) of the Company who evaluates the Company’s performance and allocates resources based on an analysis of various performance indicators by reportable segments. CODM reviews the entire operating results of the business as a whole for the purpose of making decisions about resource allocation and performance assessment and therefore, the Company believes that there is single reportable segment. Segment performance is evaluated based on profit or loss and is measured consistently with profit or loss in the standalone financial results % Co, @Q Tam oot Q/ cenn mn.m o, {o * esteln Hwe&s T & ! Garegaon| s )& oo - 400063/ >
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8. The above standalone financial results of the Company are available on the Company's website www.burgerking.in and also on the website of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com), where the shares of the Company are listed. For and on behalf of the Board Restaurant Brands Asia Limited . yjeev Varman Mumbai hole-time Director & Group CEO August 03, 2026 N: 03576356 S Cemial ingand " Western Ppess Highway. Goregaon [East). Humba - 400 062
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14th Floor, Central B Wing and North C Wing B S R & CO . LLP Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai — 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited consolidated financial results of Restaurant Brands Asia Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Restaurant Brands Asia Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Restaurant Brands Asia Limited (hereinafter referred to as “the Parent”), And its subsidiary (the Parent and its subsidiary together referred to as “the Group”) for the quarter ended 30 June 2026 (‘the Statement”), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: Sr. No Name of component Relationship 1 PT Sari Burger Indonesia Subsidiary 2 PT Sari Chicken Indonesia Step-down subsidiary 5. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. Registersd Offce B'S R & Co. (a partnership firn wih Registation No, BAS1223) converted into B S R & Co LLP (a Pl Gonal 8 Wi and ort © g Noseo 1 2o Limited Liabilty Parinership with LLP Registration No. AAB-8181) with effectfrom October 14, 2013 or, Western Exprass Highway, Goragaon (Eas!), Muml Page 1 0f 2
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BSR&Co.LLP Limited Review Report (Continued) Restaurant Brands Asia Limited 6. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 7. We did not review the interim financial results of one subdidiary included in the Statement, whose interim financial results reflects total revenues (before consoclidation adjustments) of Rs. 1,456.87 million , total net loss after tax (before consolidation adjustments) of Rs. 415.68 million and total comprehensive loss (before consolidation adjustments) of Rs. 438.65 million, for the quarter ended 30 June 2026, as considered in the Statement. These interim financial results has been reviewed by other auditor whose report has been furnished to us by the Parent’s management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on the report of the other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter. ForBSR & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 ishabh Kumar Partner Mumbai Membership No.: 402877 03 August 2026 UDIN:26402877EQDOSE7730 Page 2 of 2
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RESTAURANT BRANDS ASIA LIMITED CIN L55204MH2013FLC249986 Registered Office 2nd Floor, ABR Emerald, Plot No. D-8., Street No. 16, MIDC, Andheri East, Mumbai, Chakala MIDC, Mumbai, Maharashtra, India, Website: www.burgerking.in | Tel: 022-7193 3000 | E-mali info@burgerking.in Statement of unaudited Consolidated financial results for the quarter ended June 30, 2026 Quarter ended Year ended Fadiioui 30Jun-26 | 31-Mar-26 | 30-Jun-25 | 31-Mar-26 articulars Unaudited | Audited | Unaudited | Audited (Refer Note 3) 1 Income a) Revenue from operations 822610 706838 | 6977.23 | 28,226.40 b) Other income 198.02 8049| 21977 486.18 Total income 842412 744887 | 7,197.00 | 28,712.58 2 Expenses a) Cost of materials consumed 25576.09 226664 | 241331 939953 b) Employee benefits expenses 1,302.68 1,23966 | 1,166.14 4,866.58 ©) Finance costs 49481 49824 | 468.02 1,893.78 d) Depreciation and amortisation expenses 1,035.13 100857 | 93378 389376 &) Other expenses 334544 2622.02| 267005 10,677.69 Total expenses 8,754.15 762313 | 7,651.30 | 30,731.34 3_Loss before exceptional item and tax [12] (330.03) (474.26)| _ (45430) _ (2.018.76) 4 Exceptional item (refer note no. 5) - - - 2252 5 Loss before tax [3-4] (330.03) (474.26)] (454.30)| (2,041.28) 6 Tax expenses. a) Current tax - - - - b) Deferred tax - - - - 7_Loss for the periodiyear [5-6] (330.03) (474.26) (454.30) (2,041.26) 8 Other comprehensive income / (loss) i) Items that will not be reclassified to profit or loss - 290 (14.36) (14.75) il Income tax relating to above - - - - i) Items that will be reclassified to profit or loss (10.53), @192) (s317) (90.88) iv) Income tax relating to above - - - - Total other comprehensive incomel (loss) for the period/ year (10.53) (20.02)] (67.47) (105.63), 9 Total comprehensive loss for the periodiyear [Comprising loss and (340.56) (503.28)| (521.77)| (2,146.91) other comprehensive loss for the periodlyear] [7+8] 10 Loss for the period/ year Attributable to: - Equity holders of the parent (283.48), 430.10)| (419.38)| (1,870.78) - Non-controlling interests (46.55) (44.16) (34.92) (170.50) 11 Other comprehensive loss for the period! year Adtributable t - Equity holders of the parent (12.95) (24.96) (6152, (94.97) - Non-controlling interests 242 (4.06) (5.95) (10.66), 12 Total comprehensive loss for the period/ year Attributable to: - Equity holders of the parent (296.43), (455.06) (480.90)| (1,965.75) - Non-controlling interests (44.13), (4822) (4087) (181.16) 13 Paid-up equity share capital (Face value of Z 10 each) 7117.19 582876 | 582076 582876 14 Other equity 1,382.29 15 Earnings Per Share (Face Value of 10 each) (not annualised for the period) a) Basic (in %) (0.45) (©.73) (0.72) (3.19) b) Diluted (in %) (0.45) (0.73) 0.72) (3.19)) Yath Fior, ‘Central B Wi
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Notes: 1. The above consolidated financial results of Restaurant Brands Asia Limited (the “Company™) and its subsidiaries (together, the “Group™) have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 03, 2026. 2. The consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) as prescribed under Section 133 of the Companies Act 2013, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, as amended and SEBI circular dated July 5, 2016. 3. The figures of the quarter ended March 31, 2026 as reported in these consolidated financial results are the balancing figures between audited figures of respective financial year and the published unaudited year-to-date figures up to the end of the third quarter of financial year, which are only reviewed and not subjected to audit 4. During the year ended March 31, 2025, the Company issued 8.33,33.333 fully paid-up equity shares to Qualified Institutional Buyers in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. These shares were issued at a price of 60.00 per share (including securities premium of ¥ 50.00 per share) for an aggregate consideration of % 5,000.00 million. The utilisation of the net Qualified Institutional Placement (“QIP") proceeds is as summarised below: Particulars X in Million Gross QIP Proceeds 5,000.00 Less: Issue Expenses o (199.15) Net Proceeds 4,800.85 Utilisation: Prepayment and/or repayment, in full or in part, of all or a portion of certain of the 720.00 outstanding availed by our company Funding Capital expenditure requirement towards setting up new restaurants in 2,515.65 India General Corporate Purposes 793.75 Total Utilisation 4,029.40 Balance deposited held as Fixed deposits and mutual funds 771.45 5. On November 21, 2025, the Government of India has implemented four new Labour Codes (the " Labour Codes"), including the Code on Wages, 2019, which amended the definition of "wages”. Based on the best information available, the Company carried out the actuarial valuation of gratuity and long-term compensated absences and recorded incremental financial impact of ¥ 22.52 million due to the change in wages definition. Considering that this impact is driven by regulatory changes and is non-recurring in nature, it is classified under exceptional item in the financial results of the Company. The Company continues to monitor the finalization of the Central and State Rules, as well as any further clarifications issued by the Government on other aspects of the Labour Codes and will record appropriate accounting impact as and when such developments occur. 6. The Fund Raising Committee of the Company at their meeting held on June 2, 2026 considered and approved the allotment of the following securities, by way of a preferential issue on a private placement basis, for cash consideration, to Lenexis Foodworks Private Limited (“Acquirer 17), Aayush Agrawal Trust (“Acquirer 27), Inspira Foodworks Private Limited (formerly Inspira Realty 1 Private Limited) (“Acquirer 3”) and Mr. Aayush Madhusudan Agrawal (“Acquirer 47) (collectively, “Acquirers”): O Cen @ 3 g * Syoente. Goreqa %e Voo - 400063 &,g ’?‘ere 3 A(‘,Co\)
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Sr. [ Allottee Tifpe of [ Price per Number of Aggregate Amount | No. Securities Security Securities (INR) (INR) | 1 Acquirer 1 |Equity Shares 70.00 12,85,71,128 8,99,99,78,960.00 2 | Acquirer2 |Equity Shares 70.00 100 7,000.00 3 | Acquirer3 |Equity Shares 70.00 100 7,000.00 4 | Acquirer4 |Equity Shares 70.00 B 100 7,000.00 ] Acquirer | | Warrants' 17.50% 8,57,14,285 149,99,99,987.50 The Warrants may be exercised and converted into equal number of Equity Shares, in one or more tranches, within 18 months from the date of allotment. *Acquirer 1 paid 25% of the subscription price of INR 70.00 per Warrant, the balance 75% of the subscription price of INR 52.50 per warrant will be paid within 18 months from the date of subscription of warrants Consequent to the following: a. 10,30,39,024 Equity Shares acquired by the Acquirers, pursuant to the completion of the open offer announced by the Acquirers and Inspira Agro Trading LLC (“IATL”) vide public announcement dated January 20, 2026 in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on July 6, 2026; and b. 6,56,23,090 Equity Shares held by QSR Asia Pte Ltd. (“Seller 1) along with 1 Equity Share held by F&B Asia Ventures (Singapore) Pte. Ltd. (“Seller 2) (collectively with Seller 1, the “Sellers™), acquired by the Acquirers on July 7, 2026; the Acquirers and [ATL acquired control over the Company and became the ‘promoters’ of the Company and the Sellers ceased to be classified as the promoter and member of promoter group of the Company and stand re-classified to the “public’ category, and such reclassification came into effect from July 7, 2026, being the date on which the Acquirers and IATL acquired control of the Company in accordance with the Explanation I to Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The utilisation of the net preferential issue proceeds is as summarised below: Particulars R in Million Gross preferential issue proceeds 10,500.00 Less: Issue Expenses - Net Proceeds 10,500.00 Utilisation g Balance deposited held as mutual funds 10,500.00 The Group Chief Executive Officer has been identified as Chief Operating Decision Maker (“CODM?) of the Group who evaluates the Group’s performance and allocates resources based on an analysis of various performance indicators by reportable segments. CODM reviews the operating results of the business based on geographical areas for the purpose of making decisions about resource allocation and performance assessment and therefore, the Group believes that there are two reportable segments i.c., India and Indonesia both of which derive revenue. Segment performance is evaluated based on profit or loss and is measured consistently with profit or loss in the financial results.
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Consolidated Segment Information for the quarter ended June 30, 2026: Particulars Quarter ended Year ended 30-Jun-26 31-Mar-26 30-Jun-25 31-Mar-26 Unaudited Audited Unaudited Audited Segment Revenue - India 6,828.98 5,734.61 5,622.92 22,717.23 - Indonesia 1,397.12 1,333.77 1,454.31 5,509.17 Total Segment Revenue 8,226.10 7,068.38 6,977.23 28,226.40 Segment Results - India 974.89 982.05 681.12 3,396.32 - Indonesia 27.00 (31.99) 46.61 (113.72) Total Segment Results 1,001.89 950.06 727.73 3,282.60 Finance Cost (494.81) (498.24) (468.02) (1,893.78) Depreciation and amortisation expenses (1,035.13) (1,006.57) (933.78) (3,893.76) Exceptional item - - - (22.52) Other Income 198.02 80.49 219.77 486.18 Total Loss before tax (330.03) (474.26) (454.30) (2,041.28) Segment Assets - India 39,617.53 29,130.01 28,297.97 29,130.01 - Indonesia 3,838.02 4,693.11 4,835.85 4,693.11 Total Segment Assets 43,455.55 33,823.12 33,133.82 33,823.12 Segment Liabilities - India 22,044.61 21,646.24 19,412.42 21,646.24 - Indonesia 4,634.95 5,290.99 5,287.99 5,290.99 Total Segment Liabilities 26,679.56 26,937.23 24,700.41 26,937.23 8. The above consolidated financial results of the Group are available on the Company's website www.burgerking.in and also on the website of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com), where the shares of the Company are listed For and on behalf of the Board urant Brands Asia Limited Mumbai August 03,2026 it Floor, ) Centrl Wing and o f Hes AR Nest e Western ENpiess Howa,
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restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in Annexure I Sr. No. Particulars Details a) Name of the target entity, details in brief such as size, turnover, etc. PT Sari Burger Indonesia (‘BK Indonesia’) Size: BK Indonesia operates 137 outlets in Indonesia as on March 31, 2026. Standalone Turnover of BK Indonesia for the Financial Year ended March 31, 2026: IDR 9,15,799.88 million. b) Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” Investment by the Company in BK Indonesia, subsidiary of the Company, by way o f acquisition of not exceeding 1,00,000 ( One Lakh) redeemable cumulative non - convertible preference shares through subscription in one or more tranches for an amount not exceeding IDR 100 billion (Indonesia Rupiah One Hundred Billion) equivalent in INR, will fall within the ambit of related party transaction. Except to the extent of shares held by the Company in BK Indonesia, the promoter/promoter group/group companies of the Company have no i nterest in BK Indonesia. The said transaction will be done at arm’s length. c) Industry to which the entity being acquired belongs BK Indonesia is in the business of food services and quick service restaurants including delivery, catering, franchise operations under the trademark of “Burger King” and other related business in Indonesia. d) Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) The proceeds of subscription to redeemable cumulative non-convertible preference shares will be used by BK Indonesia towards meeting the business requirements. e) Brief details of any governmental or regulatory approvals required for the acquisition There are no governmental or regulatory approvals required prior to the completion of the acquisition. f) Indicative time period for completion of the acquisition Upto December 31, 2026 g) Consideration - whether cash consideration or share swap and details of the same Cash Consideration h) Cost of acquisition and/or the price at which the shares are acquired not exceeding IDR 100 billion (Indonesia Rupiah One Hundred Billion) equivalent in INR. i) Percentage of shareholding/control acquired and/or number of shares acquired There will be no change in the equity shareholding of the Company in BK Indonesia. However, the Company will acquire redeemable cumulative non -convertible preference shares by way of subscription which will not have any voting rights.
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restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in Sr. No. Particulars Details j) Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) BK Indonesia is an unlisted entity and was incorporated on September 27, 2006 under the laws of Indonesia. It manages and operates the “Burger King” brand in Indonesia and is involved in the business of food services and quick service restaurants i ncluding delivery, catering, franchise operations under the trademark of “Burger King” and other related business. Standalone Turnover in the last three years: For the Financial Year ended March 31, 2026: IDR 915,799.88 million March 31, 2025: IDR 965,168.88 million March 31, 2024: IDR 1,109,225.52 million