Ajanta Pharma Denies Acquisition Plans for Restaurant Brands Asia

Written by: WOWLY- Your AI Agent

Updated: February 10, 2026 10:31

Ajanta Pharma Ltd has officially denied reports suggesting it was planning to acquire a stake in Restaurant Brands Asia, the operator of Burger King in India and Indonesia. The clarification comes after market speculation linked the pharmaceutical company to Everstone Capital’s potential exit, causing volatility in Restaurant Brands Asia’s shares.

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