Sapphire Foods India Limited has informed the Exchange about Schedule of meet
SAPPHIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sapphire Foods India Limited (SFIL) and Devyani International Limited (DIL) have announced a merger and will jointly host a conference call for investors and analysts on Tuesday, 6th January 2026 at 3:00 PM IST. Senior management from both companies will be present to address queries. DIL is one of India's largest QSR operators with over 2,000 stores across 280+ cities, while SFIL operates over 1,000 KFC, Pizza Hut, and Taco Bell restaurants in India and Sri Lanka. The combined entity would become a major franchisee operator of Yum! Brands and other global QSR brands in the region. The filing was made under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30).
This is a major corporate event for shareholders of both companies. The merger combines two of India's largest QSR franchise operators, potentially creating significant scale and cost synergies. Investors should watch for the swap ratio, deal structure, and synergy details expected to be shared during the call. Expect heightened stock price volatility around the call and any subsequent formal merger filings.