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In an exchange filing the company said, “The meeting of the board of directors of the company is scheduled to be held on Wednesday, 21 December 2022, inter-alia, to consider and evaluate proposals for raising of funds by way of issue of equity shares or any other eligible convertible securities, through permissible modes, subject to all such regulatory/ statutory approvals as may be required including the approval of shareholders of the company.”
Speciality Restaurants is one of the largest fine-dining restaurant chains in India. Its brands, Mainland China, Asia Kitchen, Oh! Calcutta, Machaan, Sigree/Sigree Global Grill, Haka, Flame & Grill, Cafe Mezzuna and Hoppipola offer a variety of cuisines and dining formats. Sweet Bengal is the company's confectionary brand.
The company's consolidated net profit zoomed 325.8% to Rs 11.07 crore on 51.9% rise in net sales to Rs 93.78 crore in Q2 FY23 over Q2 FY22.
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