Devayani International Limited has announced strategic appointments to its senior management team, effective April 6, 2026. The Board of Directors approved these key appointments through a Circular Resolution passed on April 3, 2026, at 7:12 P.M., following recommendations from the Nomination and Remuneration Committee.

Key Management Appointments

The company has made two significant appointments to strengthen its leadership across different business verticals:

Executive Profiles

Mr. Sandeep Anand - Chief Marketing Officer

Mr. Sandeep Anand brings extensive experience to his new role with impressive academic credentials and industry expertise:

• Education: Alumni of MDI Gurgaon with Mechanical Engineering degree from Jamia Millia Islamia
• Experience: 22 years of experience in brand building and driving innovation across Food and FMCG sectors
• Recent Role: Senior Director-Ecomm Sales & Marketing at Americana (KFC, Pizza Hut, Hardees - Middle East)
• Previous Organizations: Domino's, Zydus Wellness, Zomato, GSK Consumer Health, Reckitt, and Ranbaxy

Mr. Robinder Singh - Business Head Costa Coffee & Airports

Mr. Robinder Singh's appointment strengthens the company's operations in the coffee and airport retail segments:

• Education: MBA in Marketing and B.E. (Electrical & Electronics)
• Experience: 18+ years across operations, business growth, and customer experience transformation in consumer businesses
• Recent Role: Chief Operating Officer at Paradise Biryani
• Previous Organizations: Chaayos, Vodafone, and Reliance Communications

Regulatory Compliance

The appointments have been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all disclosure requirements as mandated under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Both executives are designated as Senior Management Personnel under Regulation 16(1)(d) of the SEBI Listing Regulations, reflecting their strategic importance to the company's operations and growth initiatives across its diverse food service portfolio.

Devyani International Limited has informed stock exchanges about a significant income tax demand received by its wholly-owned subsidiary Sky Gate Hospitality Private Limited. The disclosure was made on March 25, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Income Tax Demand Details

Sky Gate Hospitality Private Limited received a demand order from the Assessment Unit of the Income Tax Department under section 143(3) of the Income-tax Act, 1961. The order pertains to Assessment Year 2024-25 and involves alleged excess premium on issuance of shares during financial year 2023-24.

Nature of Alleged Violation

The demand order specifically addresses the alleged excess premium on issuance of shares by Sky Gate Hospitality during the financial year 2023-24. This relates to the company's share premium accounting and valuation practices during that period.

Company's Response and Impact Assessment

Devyani International has clarified that there is no material impact on the financial, operational or other activities of the company due to this order. The subsidiary Sky Gate Hospitality is currently in the process of evaluating the demand order comprehensively.

The company plans to take necessary steps available under applicable law to respond to the demand, including:

• Detailed evaluation of the demand order
• Filing of appeal with the Appellate Authority if required
• Engaging with relevant legal and tax advisors

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Chief Sustainability Officer & Company Secretary Pankaj Virmani signed the disclosure on behalf of Devyani International Limited.

The company has requested both National Stock Exchange of India Limited and BSE Limited to take this information on record as part of its ongoing regulatory obligations.