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While the company added four new outlets under the Mainland China and Asia Kitchen by Mainland China brands in the last quarter, promoter Anjan Chatterjee emphasised that expanding fine dine chains rapidly without compromising quality was not possible and hence the need for acquisitions
Anjan Chatterjee says: “We are very, very careful about holding the price line as much as possible. And we have not done that too much. Inflation has been a little wobbling. And at this point of time, as we are talking, I am sure there have been worries on the vegetables, on the poultry or also the meat.”
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Simultaneously, the chain has decided to put brakes on expansion under a plethora of brands, which include Oh! Calcutta, Sigree Global Grill, Riyasat and Cafe Mezzuna.
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