Filter announcements
Loading...
The company entered the restaurant business by setting up Only Fish in 1992, followed by Main Land China, in Mumbai in 1994. SRL is one of the largest fine-dining restaurant chains in India. The company launched its IPO in 2012.
Speciality Restaurants' subsidiary, SHIPL, raised ₹5.53 Cr by allotting 65,961 equity shares via a rights issue. The Company's stake in SHIPL is now 51.21%, maintaining its subsidiary status.
Company announces its Annual General Meeting via VC/OAVM. The Annual Report for FY26 is available online. Key dates for investors include the dividend entitlement record date and the dividend payment, scheduled to follow.
Speciality Restaurants' FY25-26 Business Responsibility and Sustainability Report details enhanced ESG efforts. Highlights include investments in energy-efficient operations (LEDs, induction cooking, solar), improved waste management, robust employee well-being programs, and strong food safety adherence (FSSAI, ISO 22000). Capex for environmental/social impact reached 21%.
Speciality Restaurants received a tax demand of ₹1.80 Cr, plus interest & penalty, for alleged tax short payment & irregular ITC from FY21-22 to FY23-24. The company is evaluating legal options; no immediate financial impact is anticipated.
Speciality Restaurants' quarterly consolidated PAT soared 39% to ₹7.11 Cr on 14.7% revenue growth (₹131.30 Cr), driven by 11.35% SSSG. New CEO Avik Chatterjee plans expansion, eyeing significant growth for its Walters QSR format.