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Devyani International Seeks Shareholder Nod for Capital Reclassification, Preference Share Issue

Story Highlights
  • Devyani International plans to reclassify authorised share capital with MOA changes.
  • The company is seeking approval to issue non-convertible redeemable preference shares privately.
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Devyani International Seeks Shareholder Nod for Capital Reclassification, Preference Share Issue

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An announcement from Devyani International Ltd. ( (IN:DEVYANI) ) is now available.

Devyani International Limited has notified the stock exchanges that it has published a newspaper advertisement regarding a postal ballot notice dated 6 February 2026. Through this postal ballot, the company is seeking shareholders’ consent to reclassify its authorised share capital, along with corresponding amendments to its Memorandum of Association, and to issue non-convertible redeemable preference shares on a private placement basis, steps that signal potential changes in its capital structure and future financing approach.

More about Devyani International Ltd.

Devyani International Limited is a listed Indian company in the food services/restaurant sector, operating branded quick-service restaurant formats and related retail food outlets, and is focused on serving a broad consumer base across India through its network of franchised and owned stores.

Average Trading Volume: 397,199

Technical Sentiment Signal: Sell

Current Market Cap: 162.7B INR

See more data about DEVYANI stock on TipRanks’ Stock Analysis page.

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