Sapphire Foods India Limited (SAPPHIRE) — Corporate Action | 15 June 2026

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📢 Key Event
Sapphire Foods receives NSE and BSE observation letters for Devyani merger scheme

🔄 What Changed
Regulatory observation letters cleared, enabling NCLT filing; no material financial change disclosed

🔮 What's Next
Scheme must be filed with NCLT within six months of June 12, 2026

💡 Investor Takeaway
Shareholders will see a restructuring that may affect ownership and voting rights pending approval

Sapphire Foods India Limited announced receipt of non‑objection letters from NSE and BSE for its proposed scheme of arrangement with Devyani International Limited, confirming regulatory clearance to proceed with filing before the NCLT subject to statutory approvals and shareholder consent.

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About Sapphire Foods India Limited (SAPPHIRE)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹5,766.25 Cr P/E: 345.0

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

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