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

Unknown Apr 02, 2026 1 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...