Devyani International Limited has informed the Exchange regarding change in management
DEVYANI · price
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Ms. Aarti Marwaha, Chief Human Resource Officer of Devyani International Limited (the operator of KFC and Pizza Hut franchises in India), has resigned effective close of business hours on August 5, 2025. In her resignation letter, she cited personal reasons and the desire to pursue career opportunities outside the organisation. The disclosure was filed under Regulation 30 of SEBI Listing Regulations by Company Secretary Pankaj Virmani. Importantly, the CEO and Whole-time Director Virag Joshi continues in his role, and this change affects only the HR leadership function at the senior management level.
This is a functional leadership (CHRO) exit at the senior management level and not a board, CEO, or CFO change, so near-term impact on operations or stock price is likely limited. Investors should watch for timely appointment of a successor, as the company employs a large workforce across its QSR outlets.