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The restaurant company is refurbishing older outlets and launching new brands, but the biggest test for the new CEO, Avik Chatterjee, will be scaling them up amid intensifying competition.

Big changes are afoot at Speciality Restaurants, India’s oldest listed restaurant chain that owns the iconic brands Mainland China and Oh! Calcutta.
First, there is the leadership transition. Founding chairman and managing director Anjanmoy Chatterjee is making way for his son, ushering in a new chapter in a company he started over three decades ago. Avik Chatterjee, who has been with Speciality since 2014 and was made full-time director in 2020, became CEO in June.
This is an important move for the brand, which has taken years to build. It was in the 1990s that Anjan, as he is widely …
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