Devyani International Ltd

📊 Devyani International Proposes Capital Restructuring & Share Issuance

- Reclassify authorized share capital structure while maintaining total value at ₹567.5 crore

- Issue up to 300,000 non-convertible redeemable preference shares of ₹1,000 each (total ₹30 crore)

- Preference shares to be issued to Mr. Kaushik Kumar Roy as payment for acquiring 12,254 equity shares in subsidiary Sky Gate Hospitality

- Mr. Roy is not a promoter or part of the promoter group

- Preference shares feature non-convertibility, redeemability, and non-cumulative dividends

- Shares will not be listed on stock exchanges

- Remote e-voting period: February 7 to March 8, 2026

- Results to be announced by March 10, 2026