Devyani International Limited announces a pending amalgamation hearing
The National Company Law Tribunal will review the proposed merger of three hospitality firms on October 7, 2026.
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Multi-brand quick service restaurant operator
dil-rjcorp.comLast updated
In short: Devyani International Limited announced a major merger with Sapphire Foods and reported a significant profit increase in Q1 FY2027.
The National Company Law Tribunal will review the proposed merger of three hospitality firms on October 7, 2026.
The executive resigns effective August 31, 2026, citing personal reasons and future career pursuits outside the firm.
The board approved the revised arrangement after canceling a planned secondary share transaction, ensuring the amalgamation continues normally.
Consolidated revenue from operations increased to INR 15,805 million, with net profit after tax of INR 144 million.
The Competition Commission of India (CCI) has received an application from Sapphire Foods India Limited and Devyani International Limited, seeking its approval for the proposed...
However, the proposed merger between Devyani International and Sapphire Foods India will continue as planned.
Devyani International stock gained 9% to Rs 124 against the previous close of Rs 113.65. Market cap of the firm rose to Rs 14,850 crore...
Devyani International Ltd, one of the leading QSR operators, on Wednesday reported a multifold jump in net profit at ₹17.1 crore for June quarter FY27...
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