Restaurant Brands Asia Limited
JM Financial Mutual Fund decreased its stake in Restaurant Brands Asia by selling 50,000 shares, reducing its holding from 2.95% to 2.41%. The shares were valued at ₹106.45 apiece.
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.
AMC arm of JM Financial Group, one of India's established investment banking and financial services conglomerates. Manages over Rs 10,000 crore across equity, debt and liquid schemes. Among India's older independent AMCs, known for conservative debt fund management and a focused equity product suite.