Sapphire Foods, Devyani International File Joint Application with CCI for Merger

Sapphire Foods India Ltd and Devyani International Limited have jointly filed an application with the Competition Commission of India (CCI). This filing is a step in the regulatory approval process for the proposed merger between the two companies, as outlined in their Amended Scheme of Arrangement. The merger, previously approved by the Board of Directors on August 26, 2026, is proceeding under the Companies Act, 2013, and the Competition Act, 2002. This action signifies progress in the planned consolidation of the two entities.