DEVYANIBSEDevyani International Ltd· Leisure ServicesHighPositive
Announced Fri, 15 May, 2026 · 12:50 IST

Changes in Senior Management Personnel

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
+0.1%Reaction day
₹117.91
prior close
₹117.01
announcement price
In-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%+0.5% vs market
Restaurants peers, median of 10sector+0.5%-0.4% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Smallcap 250 and 0.4 pts less 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
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UpDownMarket · Nifty Smallcap 250Sector · Restaurants peers, median of 10Pending

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

AI summary

Devyani International Ltd announced three senior management changes effective May 2026. The Board re-appointed Mr. Manish Dawar as Whole-time Director (President & CEO) for a fresh 3-year term starting February 17, 2027, subject to shareholder approval at the AGM. The company appointed Mr. Gaurav Bhatnagar (former Hindustan Unilever and Amazon India executive) as EVP & COO – India, effective May 25, 2026. Additionally, Mr. Pradeep Das's designation was changed to Chief Growth & International Business Officer from the same date. The internal auditor VGG & Co. was also re-appointed for FY 2026-27.

Likely market impact

The re-appointment of the CEO provides leadership continuity, while the new COO appointment brings experienced external talent from FMCG and e-commerce backgrounds, which could benefit Devyani's operational growth strategy.