Devyani International: Intimation regarding approval from the CCI w.r.t. merger of Sapphire Foods India Limited with and into the…
Devyani International (DEVYANI) filed a disclosure titled "Intimation regarding approval from the CCI w.r.t. merger of Sapphire Foods India Limited with and into the Company". The company is valued at about ₹14,845 crore.
What happened
Devyani International (DEVYANI) filed a disclosure with the exchanges on 31 October 2026 at 07:02 PM titled "Intimation regarding approval from the CCI w.r.t. merger of Sapphire Foods India Limited with and into the Company".
Company snapshot
Devyani International is a small-cap company in the Consumer Services sector, with a market value of about ₹14,845 crore.
The stock last traded at ₹120.4, against a 52-week range of ₹91.55–₹168 (28.4% below the high).
Before this filing the shares had moved −7.3% over the month and +2.6% over three months. Average daily turnover over the last 20 sessions was about ₹11.98 crore.
Promoters held 61.36% at the end of Q1 FY27. Foreign institutions owned 6.81% and domestic institutions 18.85%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,357 | 3.7 | 0.03 |
| Q2 FY26 | 1,377 | -21.9 | -0.18 |
| Q3 FY26 | 1,441 | -10.4 | -0.08 |
| Q4 FY26 | 1,437 | -10 | -0.08 |
| Q1 FY27 | 1,581 | 14.6 | 0.12 |
What history shows
BCEIE's records show 5 previous m&a filings from the company since May 2026.
After those filings, the stock gained 1.6% on average the next trading day and was up 4.0% on average after five days (2 filings with price data).
Across 88 similar disclosures by other Consumer Services companies, shares moved −0.1% on average the next day and −0.0% over five days; 49% of them rose the next day.
Market-wide, 2,231 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Sept 2026 | Disclosure under the SEBI (Listing Obligations and Disclosure… | +1.5% | +3.5% |
| 15 Jun 2026 | Update on Scheme of Arrangement | +1.7% | +4.5% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 2 November 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Devyani International Ltd. Estimates – NSE:DEVYANI
- Devyani International Limited
- Devyani International - Clean Science and Technology among 3 stocks rose above VWAP
- CCI Approves Merger Of Sapphire Foods With Devyani International
- KFC, Pizza Hut Franchise Operations To Come Under One Roof As Sapphire-Devyani Merger Gets CCI Nod
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.