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Oyo has submitted its IPO application in September 2021 and recently submitted an addendum to the DRHP.

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This is in continuation of Jubilant Food’s announcement on July 28, 2022, for the acquisition of a 40% stake in Roadcast Tech.

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Company has increased its shareholding from its existing 68.82% to 75.16% by acquiring 400 equity shares.

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The company has acquired this stake in Accord Hotels to use its only asset i.e., a ~10 acre land parcel located in Sector 128, Noida for the purpose of developing a mixed-use residential community with an estimated saleable area of ~1 Mn Sq. Ft.

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BK Indonesia has become a subsidiary of Restaurant Brands Asia wherein the Company holds 87.75% of the equity shares in BK Indonesia.

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The company has sold its 43.34% stake in Cosmos Premises, an Associate Entity, to Royal Orchid Hotels Limited, along with 6.66 % in CPPL held by certain promoter’s related entities.

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