Devyani International Limited has informed the Exchange about change in Management
DEVYANI · price
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Awaiting price reaction for this filing.
Mr. Varun Kumar Prabhakar, Head-Legal and designated Senior Management Personnel of Devyani International Limited, has resigned from the company effective close of business hours on April 30, 2025. He cited personal reasons and a desire to pursue other career opportunities outside the organisation. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations, with detailed annexures attached. No successor has been announced in this filing, and there is no mention of a replacement appointment.
This is a mid-level senior management departure from the legal function and not a board, CEO, or CFO change, so direct impact on the stock is likely limited. Investors may watch for any further exits or the announcement of a replacement, as multiple senior departures in quick succession could raise governance concerns.