Speciality Restaurants Ltd - 534425 - Execution Of The Joint Venture Agreement In Relation To Foodland Ventures LLC Incorporated In State Of Texas, United States Of America.
We wish to inform you that a joint venture agreement has been entered into on January 10, 2020 between Speciality Hospitality US, Inc., a wholly owned subsidiary (WOS) of Speciality Restaurants Limited (the 'Company') and Associated Hospitality & Developers LLC. The parties have agreed to setup, own and operate restaurants in United States of America under Foodland Ventures LLC. The details as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circular No. CIR/CFD/CMD4/2015 dated September 9, 2015 is enclosed as Annexure A.11-01-2020