Devyani International Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2026.
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Devyani International's Board meeting on May 15, 2026 approved key leadership changes. The Board re-appointed Mr. Manish Dawar as Whole-time Director (President & CEO) for 3 years from February 17, 2027, pending shareholder approval at the ensuing AGM. The company also appointed Mr. Gaurav Bhatnagar as EVP & COO – India effective May 25, 2026, bringing over two decades of experience from Hindustan Unilever and Amazon India. Additionally, Mr. Pradeep Das's designation was changed to 'Chief Growth & International Business Officer'. M/s VGG & Co. was re-appointed as Internal Auditors for FY 2026-27.
The re-appointment of the CEO provides continuity in leadership, which is positive for shareholders. The new senior hires with strong FMCG and e-commerce backgrounds may bring fresh operational expertise to drive growth.