ALPHA TRIBE

Devyani International LimitedBoard Meeting, 01-01-2026: Outcome of Board Meeting

01-01-2026 | 09:15 pm

Devyani International's board approved merging with Sapphire Foods India. SFIL shareholders will get 177 DIL shares (₹1 each) for every 100 SFIL shares (₹2 each). DIL will also acquire 19 KFC stores from Yum India for ₹90 Cr, plus ₹320 Cr for merger rights.

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