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Restaurant Brands Asia Limited ( (IN:RBA) ) just unveiled an update.
Restaurant Brands Asia Limited has received an order from the Additional District Magistrate of Surajpur, Gautam Budh Nagar, Uttar Pradesh, under the Food Safety and Standards Act, 2006. The order pertains to a violation of packaging and labeling regulations, resulting in a fine of Rs. 2,10,000. The company has stated that this order will not have a material impact on its financial, operational, or other activities.
More about Restaurant Brands Asia Limited
Restaurant Brands Asia Limited, formerly known as Burger King India Limited, operates in the fast-food industry, focusing on providing quick-service restaurant offerings. The company is part of the global Burger King franchise, known for its burgers and other fast-food items, and is based in Mumbai, India.
Average Trading Volume: 171,518
Technical Sentiment Signal: Sell
Current Market Cap: 36.45B INR
For detailed information about RBA stock, go to TipRanks’ Stock Analysis page.