Sapphire Foods Dismisses Merger Buzz with Devyani—Says Strategic Evaluations Are Routine

Unknown Apr 02, 2026 400 Views

Sapphire Foods India Ltd, one of the largest franchisees of Yum! Brands in the subcontinent, has issued a clarification regarding recent media speculation about a potential merger with Devyani International Ltd, another major QSR operator. In a regulatory filing, Sapphire stated that while it rou...