Devyani International plans merger of three subsidiaries
pre-market1 source ↓written by the desknot a recommendation
- take effect
- 1 Apr 2025
Devyani International has approved a merger of its subsidiaries—Sky Gate Hospitality, Blackvelvet Hospitality, and Say Chefs Eatery—into the parent company. This move aims to simplify operations and enhance efficiency. The merger will take effect from 1 Apr 2025, pending regulatory approvals. No new shares will be issued, maintaining the current shareholding pattern.
Not investment advice. For informational purposes only.