CCI filing made for Sapphire Foods merger

Strategic Transactions View source PDF Explain this filing

DEVYANI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹135.91

prior close

₹135.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.5%+2.0% vs market

Restaurants peers, median of 11sector-0.2%+1.8% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Smallcap 250 and 1.8 pts more than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.5

15m

-0.6

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5-0.5+2.0-0.2+1.8

Next day

+0.3-2.9+3.2-1.7+2.0

+0.6-3.1+3.7-2.0+2.6

+2.4-2.3+4.7-2.2+4.6

+3.6-0.8+4.4+0.5+3.1

+5.2-0.8+6.0+0.9+4.2

+2.7-0.1+2.8+2.4+0.3

15d

-4.9-2.9-2.0-4.2-0.6

-8.5-3.6-4.9-5.8-2.7

—————

UpDownMarket · Nifty Smallcap 250Sector · Restaurants peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Devyani International and Sapphire Foods India have jointly filed an application with the Competition Commission of India (CCI) for their proposed merger. This follows the Boards approval on August 26, 2026 of the Amended Scheme of Arrangement for Sapphire Foods to merge into Devyani International. The CCI filing is part of the regulatory approval process for the scheme.

Likely market impact

Merger process advances. Shareholders await NCLT and other approvals for the scheme to take effect.