Devyani International Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2026.

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DEVYANI · price

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

+0.1%Reaction day

₹117.91

prior close

₹116.79

announcement price

In-mkt

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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.

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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's board approved the re-appointment of CEO Mr. Manish Dawar for another 3-year term starting February 17, 2027, subject to shareholder approval at the next AGM. The company also appointed Mr. Gaurav Bhatnagar as EVP & COO – India from May 25, 2026, bringing over two decades of FMCG and e-commerce experience from Hindustan Unilever and Amazon India. Additionally, Mr. Pradeep Das's designation was changed to Chief Growth & International Business Officer. Internal auditors VGG & Co. were re-appointed for FY 2026-27.

Likely market impact

The re-appointment of the CEO signals continuity in leadership, which should be viewed positively by investors. The new senior management hire with strong FMCG credentials may bring fresh operational expertise to drive growth.