According to a Moneycontrol report, the Burman family, who promote Dabur India, is looking into selling a majority stake in Lite Bite Foods, the owner of the Punjab Grill restaurant chain. Sources indicate that the investment bank Investec is handling the potential transaction, which is likely to attract interest from private equity investors. Lite Bite Foods currently manages 19 proprietary brands and five managed labels across domestic and international markets.

by shortkt.com✓

3 hours ago