Devyani International Announces Resignation of CEO-Yum Brands Mr. Shivashish Pandey
Devyani International Limited has announced the resignation of Mr. Shivashish Pandey as CEO-Yum Brands, effective February 28, 2026. The company disclosed this senior management change under SEBI Regulation 30, having previously informed stock exchanges on February 4, 2026. Mr. Pandey submitted his resignation letter on November 24, 2025, expressing gratitude and offering transition assistance to CEO & President Mr. Virag Joshi and Group CHRO Mr. Rajeshwar Tripathi.

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Devyani International Limited has announced the resignation of Mr. Shivashish Pandey from his position as CEO-Yum Brands, effective from the close of business hours on February 28, 2026. The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding changes in senior management personnel.
Regulatory Disclosure Details
The company had previously informed both the National Stock Exchange of India Limited and BSE Limited about this resignation on February 4, 2026. The formal communication was sent to comply with SEBI Listing Regulations and included all required documentation.
| Exchange Details: | Information |
|---|---|
| NSE Symbol: | DEVYANI |
| BSE Security Code: | 543330 |
| Regulation: | SEBI Listing Regulations 30 |
| Initial Disclosure Date: | February 4, 2026 |
Resignation Letter Details
Mr. Shivashish Pandey submitted his resignation letter on November 24, 2025, formally addressing his decision to step down from the CEO-Yum Brands position. The resignation letter was directed to Mr. Virag Joshi, CEO & President, and Mr. Rajeshwar Tripathi, Group CHRO.
In his resignation communication, Mr. Pandey expressed gratitude for the opportunity to work with the organization and offered assistance during the transition period. He wished the company and his colleagues success in their future endeavors.
Management Position and Responsibilities
Mr. Pandey held the position of CEO-Yum Brands and was designated as Senior Management Personnel within Devyani International's organizational structure. His role was specifically focused on overseeing the Yum Brands operations, which include popular food chains under the company's franchise portfolio.
Compliance and Documentation
The company has fulfilled all regulatory requirements under the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Chief Sustainability Officer & Company Secretary Pankaj Virmani signed the disclosure document, ensuring proper compliance with listing obligations.
| Key Personnel: | Designation |
|---|---|
| Pankaj Virmani: | Chief Sustainability Officer & Company Secretary |
| Virag Joshi: | CEO & President |
| Rajeshwar Tripathi: | Group CHRO |
The resignation represents a significant change in the senior management structure of Devyani International's Yum Brands division, with the effective date marking the conclusion of Mr. Pandey's tenure with the organization.
Historical Stock Returns for Devyani International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.88% | -10.59% | -4.57% | -34.39% | -29.34% | -4.75% |


































