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CNBC-TV18 News Update: KFC and Pizza Hut Operator Sapphire to Merge with Devyani at a 1:1.77 Exchange Rate

onJanuary 1, 2026

CNBC-TV18 News Update: KFC and Pizza Hut Operator Sapphire to Merge with Devyani at a 1:1.77 Exchange Rate

Sapphire Foods India Limited, the operator of KFC and Pizza Hut, is poised to merge with Devyani International Limited, which also manages QSR…

Business

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Devyani International's subsidiary to divest 51% ownership in Peanutbutter and Jelly to Heritage Foods.

onDecember 30, 2025

Devyani International’s subsidiary to divest 51% ownership in Peanutbutter and Jelly to Heritage Foods.

Quick service restaurant chain operator Devyani International Ltd announced on Tuesday (December 30) that its subsidiary, Sky Gate Hospitality…

Business

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Devyani International to increase its ownership in Sky Gate Hospitality to 86.13% for ₹106 crore.

onJune 23, 2025

Devyani International to increase its ownership in Sky Gate Hospitality to 86.13% for ₹106 crore.

Devyani International Limited, a quick service restaurant operator, announced on Monday (June 23) that it will raise its equity stake in Sky…