Sapphire Foods to merge with Devyani International, create single franchise for KFC, Pizza Hut

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The boards of Devyani International Ltd (DIL) and Sapphire Foods India Ltd (SFIL) at their respective meetings held on Thursday approved a scheme of arrangement for the merger of SFIL with and into DIL, marking a strategic consolidation of the two companies.

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Sapphire Foods to merge with Devyani International, create single franchise for KFC, Pizza Hut

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