The merged entity will have more than 3,000 stores globally and a turnover of approximately Rs 8,000 crore on an annualised ...

Brokerages remain positive on Devyani International after the Board's approval of Sapphire Foods merger, citing scale ...

A shareholder owning 100 shares of Sapphire Foods as on the record date will get 177 shares of Devyani International after ...

The merger entity will have a turnover of around Rs 8,000 crore. After the merger, the entity will cross a billion dollar in turnover, sources told NDTV Profit.

If you own 100 shares of Sapphire Foods on the record date, here's what you will receive as a retail investor, 177 shares of ...

As KFC and Pizza Hut struggle with slowing sales and thinning margins, franchisees Devyani International and Sapphire Foods ...

There is no capital gains tax at the time of the merger. Tax will apply only when the Devyani International shares received ...

Business synergies aside, there is another common factor that connects both Devyani International and Sapphire Foods - both are very tightly held companies, with a very small retail investor base.

India’s quick-service restaurant (QSR) sector is bracing for a major shake-up as Sapphire Foods and Devyani International, ...

RJ Corp, is backing the merger of Devyani International and Sapphire Foods, creating a powerful nationwide network for KFC ...