(The Massachusetts Institute of Technology) MIT Offloads 11.7 Million Shares in Restaurant Brands Asia Through Bulk Deal

Market Update: Institutional Exit in Restaurant Brands Asia

Restaurant Brands Asia Ltd (RBA), the operator of Burger King in India and Indonesia, witnessed a significant bulk deal as MIT divested 11.7 million shares. This comes at a time when RBA is reporting strong operational growth but continues to face stock price volatility.

Key Highlights:

• Seller: Massachusetts Institute of Technology (MIT)
• Shares Sold: 11.7 million via bulk deal
• Company Profile: RBA manages Burger King outlets across India and Indonesia.

Recent Performance:

• Revenue growth of 19% YoY in recent quarters.
• EBITDA margin expansion by 421 basis points.
• Same-store sales growth (SSSG) in India at 3.5% in H1 FY24, with guidance of 8–10% for H2.
• Market Context: RBA’s stock has traded between ₹84 (52-week low) and ₹138 (52-week high), reflecting investor caution despite operational gains.

This bulk deal underscores institutional portfolio realignment and profit-booking trends, even as RBA continues to strengthen its footprint in India’s fast-growing QSR market.

Sources: Trendlyne – Bulk & Block Deals; Moneycontrol – Bulk Deals Coverage; CNBC-TV18 – Market Report