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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.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Mar 2026, 07:03 IST.

Sourcesnews.google.com

The market after the news

DEVYANI closed +1.3% on the day of the news, from ₹110.59 to ₹111.98; Nifty −1.6% over the same session.

Bulletin at 07:03 IST on 11 Mar 2026. Every change is measured from ₹110.59, the last close before it, on 10 Mar. Nifty 50 is measured over the same sessions.

  • DEVYANI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
DEVYANI closes around the bulletin against the close before the news, with Nifty 50 rebased to it94.49110.59126.69axis spans 34%before the news · 10 Mar110.59Nifty 50DEVYANIbulletinD0+1+3+54 Mar16 Mar25 MarReference close ₹110.59. 16 sessions from 4 Mar to 25 Mar; the price axis spans 34 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Mar₹110.59basebase
On the day11 Mar₹111.98▲ +1.3%▼ −1.6%+2.9 pp difference
+1 session12 Mar₹116.96▲ +5.8%▼ −2.6%+8.3 pp difference
+3 sessions16 Mar₹107.66▼ −2.6%▼ −3.5%+0.9 pp difference
+5 sessions18 Mar₹109.09▼ −1.4%▼ −2.0%+0.6 pp difference
Gap at the open, % · ₹
▲ +1.3%+1.40 on 11 Mar
Day's range, % · ₹
2.8%≈ 3.1 high to low
Volume on the day
1.65×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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