Key Development
Devyani International Limited, along with Sapphire Foods India Limited, has filed a joint application with the Competition Commission of India under the Competition Act, 2002 and related Regulations. This filing is in connection with the proposed merger of Sapphire Foods India Limited with and into Devyani International Limited.
Legal Framework
The Scheme is being pursued pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
Request
The Company has requested the exchanges to take this information on record.