OICHARTS
8 AMThe 8 AM report →
FMCGFoodServiceMedium impactAfter close

Devyani International to merge three subsidiaries for efficiency

after close1 source ↓written by the desknot a recommendation

take effect
1 Apr 2025

Devyani International has approved a merger of three subsidiaries—Sky Gate Hospitality, Blackvelvet Hospitality, and Say Chefs Eatery—into the parent company. This decision aims to streamline operations and enhance operational efficiency. The merger will take effect from 1 Apr 2025, pending statutory 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, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

DEVYANI closed +4.5% on the day of the news, from ₹111.98 to ₹116.96; Nifty −0.9% over the same session.

Bulletin at 16:04 IST on 11 Mar 2026. Every change is measured from ₹111.98, the last close before it, on 11 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 it95.68111.98128.28axis spans 34%before the news · 11 Mar111.98Nifty 50DEVYANIbulletinD0+1+3+55 Mar17 Mar27 MarReference close ₹111.98. 16 sessions from 5 Mar to 27 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 %
Before11 Mar₹111.98basebase
On the day12 Mar₹116.96▲ +4.5%▼ −0.9%+5.4 pp difference
+1 session13 Mar₹111.940.0%▼ −3.0%+3.0 pp difference
+3 sessions17 Mar₹107.85▼ −3.7%▼ −1.2%−2.5 pp difference
+5 sessions19 Mar₹105.57▼ −5.7%▼ −3.6%−2.1 pp difference
Gap at the open, % · ₹
▼ −0.2%−0.20 on 12 Mar
Day's range, % · ₹
10%≈ 11 high to low
Volume on the day
6.57×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · DEVYANI on the desk →

Thread · DEVYANIAll DEVYANI bulletins →

Related