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Sagar Ratna, Sri Ratna set out on expansion spree
December 27, 2017 |by indiafood forum | Comments Off on Sagar Ratna, Sri Ratna set out on expansion spree | FOOD SERVICE | Sagar Ratna
The promoters of Sagar Ratna and Sri Ratna have embarked on an expansion plan to open more than 45 restaurants in the next 12 months…READ MORE
KEEP READINGSagar Ratna set to go global
May 24, 2017 |by indiafood forum | Comments Off on Sagar Ratna set to go global | FOOD SERVICE | India Food Forum 2017, Sagar RatnaThe Banans on Monday said they bought back the 77 per cent stake that they had sold to private equity fund India Equity Partners (IEP) for Rs 132 crore in 2011…READ MORE
KEEP READINGJayaram Banan looks set to buy back Sagar Ratna at a big discount
December 16, 2016 |by indiafood forum | Comments Off on Jayaram Banan looks set to buy back Sagar Ratna at a big discount | FOOD SERVICE | India Food Forum 2016, Sagar RatnaRestaurant chain Sagar Ratna’s original promoter Jayaram Banan is set to buy back the 90-store chain at a 35-40 per cent discount to the price at which he had sold it to India Equity Partners (IEP) Fund Advisors. The private equity firm had acquired 75 per cent stake in the popular chain for about `180 crore in 2011…READ MORE
KEEP READINGIndia Equity Partners puts 75 per cent Sagar Ratna stake on the block
October 17, 2016 |by indiafood forum | Comments Off on India Equity Partners puts 75 per cent Sagar Ratna stake on the block | FOOD SERVICE | India Food Forum 2016, Sagar RatnaPrivate equity firm India Equity Partners (IEP) Fund Advisors has put its majority 75 per cent stake in South Indian cuisine restaurant chain Sagar Ratna Restaurants on the block five years after acquiring it, three officials in direct knowledge of the development said…READ MORE
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