Competition Commission of India press release · 20 May 2026 · pibtracker filter

CCI approves the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks pvt Ltd (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL)

PRID2263414 MinistryCompetition Commission of India Released20 May 2026 Reading7 min

Posted On: 20 MAY 2026 7:44PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks Private Limited (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks Private Limited (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL). The Proposed Combination involves the acquisition of a certain stake of the Target by LFPL, AAT, IFPL, AMA, and IATL, through various steps involving equity subscriptions, warrant subscriptions, equity purchases, and an open offer. LFPL is engaged in the quick service restaurant ( QSR ) business and operates restaurants pan India under the brands ‘Chinese WOK’, ‘The Momo Co’, and ‘Big Bowl Co’. AAT is a discretionary private trust settled under a trust deed in accordance with the provisions of the Indian Trusts Act, 1882. AAT is the primary investment vehicle for AMA and his family and is managed and operated by AMA as the sole trustee thereof. IFPL is proposed to serve as a strategic investment and operating vehicle, focusing on the expansion of the existing QSR business of LFPL. AMA is an individual entrepreneur present across sectors, including premium real estate, QSR chains, pharmaceuticals, luxury home products, and clean energy. IATL is engaged in the business of trading cardamom in the United Arab Emirates. The Target is the national master franchisee of the Burger King brand and holds exclusive rights to develop, operate, and franchise ‘Burger King’ restaurants across India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2263414) Visitor Counter : 255 Read this release in: Urdu , हिन्दी , Tamil Competition Commission of India CCI approves the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks pvt Ltd (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL) Posted On: 20 MAY 2026 7:44PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks Private Limited (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks Private Limited (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL). The Proposed Combination involves the acquisition of a certain stake of the Target by LFPL, AAT, IFPL, AMA, and IATL, through various steps involving equity subscriptions, warrant subscriptions, equity purchases, and an open offer. LFPL is engaged in the quick service restaurant ( QSR ) business and operates restaurants pan India under the brands ‘Chinese WOK’, ‘The Momo Co’, and ‘Big Bowl Co’. AAT is a discretionary private trust settled under a trust deed in accordance with the provisions of the Indian Trusts Act, 1882. AAT is the primary investment vehicle for AMA and his family and is managed and operated by AMA as the sole trustee thereof. IFPL is proposed to serve as a strategic investment and operating vehicle, focusing on the expansion of the existing QSR business of LFPL. AMA is an individual entrepreneur present across sectors, including premium real estate, QSR chains, pharmaceuticals, luxury home products, and clean energy. IATL is engaged in the business of trading cardamom in the United Arab Emirates. The Target is the national master franchisee of the Burger King brand and holds exclusive rights to develop, operate, and franchise ‘Burger King’ restaurants across India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2263414) The Competition Commission of India (CCI) has approved the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks Private Limited (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks Private Limited (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL). The Proposed Combination involves the acquisition of a certain stake of the Target by LFPL, AAT, IFPL, AMA, and IATL, through various steps involving equity subscriptions, warrant subscriptions, equity purchases, and an open offer. LFPL is engaged in the quick service restaurant (QSR) business and operates restaurants pan India under the brands ‘Chinese WOK’, ‘The Momo Co’, and ‘Big Bowl Co’. AAT is a discretionary private trust settled under a trust deed in accordance with the provisions of the Indian Trusts Act, 1882. AAT is the primary investment vehicle for AMA and his family and is managed and operated by AMA as the sole trustee thereof. IFPL is proposed to serve as a strategic investment and operating vehicle, focusing on the expansion of the existing QSR business of LFPL. AMA is an individual entrepreneur present across sectors, including premium real estate, QSR chains, pharmaceuticals, luxury home products, and clean energy. IATL is engaged in the business of trading cardamom in the United Arab Emirates. The Target is the national master franchisee of the Burger King brand and holds exclusive rights to develop, operate, and franchise ‘Burger King’ restaurants across India. Detailed order of the Commission will follow.  ***** NB/ONP " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); 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Original PIB release
pib.gov.in · PRID 2263414

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CCI approves the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks pvt Ltd (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL)

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