Devyani International Limited has announced a conference call with investors and analysts scheduled for Tuesday, January 6, 2026 at 3:00 PM IST. The announcement was made on January 1, 2026, in compliance with regulatory requirements under SEBI listing obligations.

Regulatory Compliance

The company issued this notification pursuant to the provisions of Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates companies to inform stock exchanges about material events and information that could impact investor decisions.

Conference Call Details

The company has provided comprehensive details for participants to join the conference call:

Participation Process

To facilitate smooth participation, Devyani International has arranged for pre-registration, which will enable participants to connect to the conference call without having to wait for an operator. This streamlined process is designed to ensure efficient communication between the company management and the investment community.

Official Communication

The announcement was signed by Pankaj Virmani, Chief Sustainability Officer & Company Secretary of Devyani International Limited. The company has also uploaded the conference call details on its official website at www.dil-rjcorp.com for broader accessibility and transparency.

The conference call represents part of the company's ongoing investor relations activities, providing a platform for direct interaction between management and the investment community including institutional investors and research analysts.

Devyani International Limited has announced the divestment of its step-down subsidiary through a strategic sale agreement. The company disclosed that Sky Gate Hospitality Private Limited, its subsidiary, has executed a Share Purchase Agreement with Heritage Foods Limited for the sale of its entire 51% equity stake in Peanutbutter and Jelly Private Limited.

Transaction Details

The share purchase agreement was executed on December 30, 2025, with the transaction expected to complete by January 31, 2026. The deal involves the transfer of Sky Gate's complete 51% equity holding in Peanutbutter and Jelly Private Limited to Heritage Foods Limited for a consideration of ₹90 million.

Background of the Acquisition

Devyani International had originally acquired approximately 80.72% equity stake in Sky Gate Hospitality Private Limited on a fully diluted basis in April 2025. This acquisition included Sky Gate's subsidiaries: Blackvelvet Hospitality Private Limited, Say Chefs Eatery Private Limited, and Peanutbutter and Jelly Private Limited. The acquisition was completed on June 10, 2025, making these entities subsidiaries and step-down subsidiaries of Devyani International.

About the Buyer

Heritage Foods Limited is described as one of India's leading dairy companies with operations spanning 17 states. The company serves millions of consumers, offering a comprehensive range of dairy products including milk, curd, butter, paneer, and other value-added dairy products. Heritage Foods Limited does not belong to Devyani International's promoter, promoter group, or group companies, making this an arm's length transaction.

Financial Impact

Since Peanutbutter and Jelly Private Limited became a step-down subsidiary of Devyani International only from June 10, 2025, there was no contribution to the company's turnover, revenue, income, or net worth during the last financial year FY 2024-25. The transaction is not classified as a related party transaction and falls outside any scheme of arrangement.

Strategic Implications

Upon completion of this divestment, Peanutbutter and Jelly Private Limited, which owns the Get-A-Way brand, will cease to be a step-down subsidiary of Devyani International. This strategic move allows the company to realize value from its recent acquisition while focusing on its core quick service restaurant operations. The transaction demonstrates Devyani International's active portfolio management approach in optimizing its subsidiary structure.