Devyani International Limited — Others, 26-11-2024: Change in Management

Mr. Sreejit Madhavan Nair has resigned as CEO-Costa Coffee, effective January 8, 2025, to pursue other opportunities. He will be succeeded by Mr. Kamaljit Singh Bedi, currently CEO-Institutional Business and New Business Ventures, who will take on the role of CEO-Costa Coffee and Airport Business starting January 9, 2025. This leadership change aims to enhance operational focus in the expanding Costa Coffee and airport segments. Investors may view this transition as an opportunity for renewed strategy under Mr. Bedi’s leadership, given his extensive background in business operations.