Devyani International (DEVYANI) — Board Meeting

Devyani International announced completion of its investment in Restaurants Development Co., Ltd. in Thailand, converting a THB 400 Mn convertible loan into equity that increased its stake to 56.7%, while repaying a USD 25.5 million loan from Axis Bank and releasing the corporate guarantee previously provided.

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About Devyani International Limited (DEVYANI)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹14,558.55 Cr P/E: -369.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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