Restaurant Brands Asia Limited
ICICI Prudential Life Insurance reduced its stake in Restaurant Brands Asia from 5.39% to 3.98%, selling 1,00,44,108 shares. This transaction took the institution's holding below the 5% disclosure threshold.
An international quick-service restaurant operator that operates the Burger King brand across India and Indonesia. The company holds the exclusive national master franchisee rights for Burger King in India and operates both Burger King and Popeyes restaurants in Indonesia. It maintains a network of establishments across major cities in both countries, serving customers through company-operated and franchise locations.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.