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- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
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Restaurant Brands Asia Limited has announced a board meeting to consider the financial results for the quarter and half-year. Its monitoring agency, ICRA Limited, confirmed no deviation in the use of proceeds from the recent INR 500 Cr QIP, which raised INR 479 Cr net. Funds are earmarked for loan repayment (INR 72 Cr), new restaurant expansions in India (INR 325 Cr), and general corporate purposes (INR 82 Cr). All funds remain unutilized at quarter-end, held in fixed deposits and escrow accounts. Project timelines are on track with no significant risks.