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Devyani International shines on getting nod to acquire 11.4% additional equity stake in Sky Gate

04 Feb 2026 Evaluate

Devyani International is currently trading at Rs. 124.75, up by 8.50 points or 7.31% from its previous closing of Rs. 116.25 on the BSE.

The scrip opened at Rs. 116.55 and has touched a high and low of Rs. 128.70 and Rs. 115.95 respectively. So far 1298065 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 191.20 on 12-Sep-2025 and a 52 week low of Rs. 109.80 on 27-Jan-2026.

Last one week high and low of the scrip stood at Rs. 128.70 and Rs. 110.70 respectively. The current market cap of the company is Rs. 15435.56 crore.

The promoters holding in the company stood at 61.37%, while Institutions and Non-Institutions held 25.21% and 13.42% respectively.

Devyani International has received approval from Board of Directors for acquisition of around 11.4% additional equity stake in Sky Gate Hospitality (Sky Gate) from the Promoters/ Founders of Sky Gate for a total consideration of around Rs 57.5 crore through a mix of cash and issuance of Non-Convertible Redeemable Preference Shares. Upon completion of acquisition, Sky Gate will become a wholly-owned subsidiary of the Company.

The Board of Directors of the Company at its meeting held on February 4, 2026 has approved the same. 

Devyani International is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick service restaurants (QSR) in India, on a non-exclusive basis.

Devyani Internatl. Share Price

107.85 -1.00 (-0.92%)
17-Apr-2026 13:08 View Price Chart
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