Devyani International Limited — Important, 01-01-2026: Agreements
01-01-2026 | 09:25 pm
01-01-2026 | 09:25 pm
Devyani International's board approved merging with Sapphire Foods, issuing 177 DIL shares for every 100 SFIL shares. This creates a QSR powerhouse. Additionally, DIL will acquire 19 KFC stores from Yum India for 90 Cr and secure additional territory rights for 320 Cr, boosting market reach.
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