Restaurant Brands Asia Ltd files Reg 29(2) disclosure on share acquisition by Rajasthan Global Securities

What Restaurant Brands Asia Ltd announced

On 7 July 2026, Restaurant Brands Asia Ltd (BSE: 543248) filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing informs the market that Rajasthan Global Securities Pvt Ltd has acquired a shareholding that meets SEBI’s definition of a substantial acquisition, thereby obligating the company to disclose the transaction.

"The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasthan Global Securities Pvt Ltd."

The filing itself contains no further quantitative details such as the number of shares, percentage of equity, or the consideration paid.

Disclosure under Regulation 29(2)

Regulation 29(2) mandates that any person or entity acquiring shares that cross the 5 % threshold of a listed company’s equity must promptly disclose the acquisition to the stock exchange. The purpose is to ensure transparency for investors and to monitor potential changes in control.

In this case, Rajasthan Global Securities Pvt Ltd is identified as the acquirer. While the filing confirms that the acquisition is substantial, the exact stake size remains undisclosed. The company may be required to file additional disclosures if the shareholding crosses higher thresholds (10 %, 20 %, etc.) or if any further material events occur.

Key facts at a glance

Why this matters for investors

The disclosure signals that an external party now holds a material interest in Restaurant Brands Asia Ltd. Under SEBI rules, a holder crossing the 5 % threshold must disclose its stake, and any further increase may trigger additional filings. Investors should monitor subsequent disclosures for:

• The exact percentage of shares acquired, which could affect voting power.
• Any intent by Rajasthan Global Securities to seek board representation or influence strategic decisions.
• Potential future offers, restructuring, or changes in corporate governance.

While the current filing does not provide quantitative details, the mandatory nature of the disclosure ensures that the market is aware of a shift in the shareholder base.

Conclusion

Restaurant Brands Asia Ltd has complied with SEBI’s takeover regulations by filing a Reg 29(2) disclosure on 7 July 2026, indicating that Rajasthan Global Securities Pvt Ltd holds a substantial shareholding. The filing does not reveal the size of the stake, and further information may be required in future disclosures if the holding crosses higher thresholds or if the acquirer takes additional actions.