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Barbeque Nation Acquires 42.36% Stake in Willow Gourmet

Written by: Team Angel OneUpdated on: Mar 13, 2025, 2:03 PM IST
Barbeque Nation Hospitality Limited has acquired a 42.36% stake in Willow Gourmet Pvt Ltd as part of its plan to increase its holding to 51%.
Barbeque Nation Acquires 42.36% Stake in Willow Gourmet
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Barbeque Nation Hospitality Ltd. has acquired a 42.36% stake in Willow Gourmet Pvt Ltd (WGPL) as part of its plan to increase its holding to 51%. The acquisition was partially completed on March 11, 2025, following the company’s earlier announcement on February 3, 2025.

As of March 13, 12:14 PM, Barbeque Nation Hospitality Ltd shares stood at ₹270.30, down ₹4.30 (1.57%) today, showcasing an 8.17% decline over the past month and a 47.78% drop over the past year.

Acquisition Details

Barbeque Nation had signed a Share Subscription Agreement and Shareholders’ Agreement to acquire a majority stake in Willow Gourmet. The transaction is being executed in phases, with the company currently holding 42.36% of WGPL.

Financial Performance

In the quarter ending December 31, 2024, Barbeque Nation reported a net profit of ₹4.53 crore, marking a shift from the losses recorded in the previous 3 quarters. The net profit margin for the quarter was 1.35%.

The company’s quarterly revenue stood at ₹334.41 crore. In the financial year ending March 31, 2024, Barbeque Nation allocated 6.05% of its operating revenue to interest expenses and 22.34% to employee costs.

Following the announcement, shares of Barbeque Nation closed 2.3% lower at ₹275.50 on Wednesday.

Regulatory Disclosure

Barbeque Nation disclosed the acquisition in an exchange filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the acquisition is part of its ongoing investment strategy.

Conclusion

With the completion of this phase, Barbeque Nation now holds 42.36% of WGPL and may proceed with further steps to increase its stake to 51%, as per the original agreement.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 13, 2025, 2:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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