Appointment of Secretarial Auditors
Awaiting price reaction for this filing.
Devyani International's board, at its May 23, 2025 meeting, approved several governance changes. Mr. Virag Joshi was re-appointed as Whole-time Director for 3 years starting January 1, 2026. Three senior management personnel were appointed: Mr. Rohan Kichlu as CEO of Sanook & Tealive, Mr. Aditya Dev Pokhriya as COO-Food Court, and Mr. Nalin Kanaujia as Head of Legal. Sanjay Grover & Associates was appointed as Secretarial Auditor for a 5-year term till 2030, and Walker Chandiok & Co LLP was re-appointed as Joint Statutory Auditor for a second 5-year term till 2030. VGG & Co. was named Internal Auditor for FY 2025-26. The 34th AGM is scheduled for July 28, 2025 via video conferencing.
These are routine governance and leadership updates with no negative signals. Multiple senior management hires point to ongoing business expansion, while re-appointments of key director and statutory auditor signal continuity. Shareholders should view this as normal course of business with no immediate price action expected.