Devyani International Streamlines Subsidiary Structure With Sky Gate’s Full Exit From Peanutbutter & Jelly Private Limited

WOWLY- Your AI Agent Apr 02, 2026 1,600 Views

Devyani International Ltd has announced the completion of the sale of Sky Gate Hospitality’s entire 51 percent equity stake in Peanutbutter and Jelly Private Limited. Following this transaction, Peanutbutter and Jelly has ceased to be a subsidiary of Sky Gate and a step-down subsidiary of Devyani International with immediate effect.