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By Hariharan U
Published on January 3, 2026
Sapphire Foods India Ltd and Devyani International Ltd have received board approvals for a merger that will bring the two companies together under a single entity. The proposed consolidation marks a significant step in India’s quick service restaurant space and will create a unified Yum! Brands franchisee for KFC and Pizza Hut in the country.
Under the approved scheme of arrangement, Sapphire Foods will merge with and into Devyani International through a share-swap structure. The consolidation is expected to strengthen operational scale, streamline brand strategy, and position the merged entity for its next phase of growth and profitability.
In a joint statement, the companies said the merger will result in “a single unified Yum! India Franchisee for KFC and Pizza Hut,” bringing together operations that currently run parallel across multiple markets.
The transaction remains subject to customary regulatory and statutory approvals, including clearances from stock exchanges, the Competition Commission of India, the National Company Law Tribunal, and approvals from shareholders and creditors of both companies. Once these approvals are received, the merger will become effective.
As per the scheme, 177 equity shares of Devyani International will be issued for every 100 equity shares of Sapphire Foods. Additionally, Arctic International, a Devyani group company, will acquire approximately 18.5 percent of Sapphire Foods’ paid-up equity share capital from existing promoters, with an option to assign this stake to a mutually agreed financial investor.
Yum! Brands has approved the proposed consolidation. As part of the transaction, Devyani International will also acquire 19 KFC restaurants currently operated by Yum! India in Hyderabad. The company will pay a one-time charge to Yum! India towards merger approval and license fees for the additional territory.
The merger is expected to deliver meaningful synergies, including the creation of one of the largest QSR platforms in India with an expanded national footprint. The unified structure is also expected to unlock growth through a single brand strategy for both KFC and Pizza Hut. Devyani International expects annual synergy benefits in the range of Rs 210 to 225 crore from the second full year of integrated operations.
Commenting on the development, Ravi Jaipuria, Non-Executive Chairman of Devyani International, said, “The merger also adds a strong international presence in Sri Lanka, which complements our existing overseas operations.” He added, “This combination will allow DIL to realise meaningful economies of scale, leverage a unified technology platform, and strengthen our supply-chain capabilities. Together, these advantages will help unlock sustained value creation and long-term growth for our shareholders, customers, employees, and partners.”
Sumeet Narang, SFML nominee director of Sapphire Foods and Founder of Samara Capital, said, “We are extremely excited about this development, which brings together a single, unified franchisee for KFC and Pizza Hut in India through the merger with Devyani International Limited. This transaction reflects the shared long-term vision and strong partnership between Samara Capital Group and RJ Corp.”
Yum! Brands CFO Ranjith Roy said, “DIL and SFIL have been outstanding partners to Yum! for many years. We are pleased to support this proposed merger to unlock a new phase of accelerated growth in the region and to advance supply chain operations, leading to a stronger, more resilient partner in India.”
Devyani International is the largest franchisee for KFC and Pizza Hut in India and also operates Costa Coffee, Tea Live, New York Fries, Sanook Kitchen, and the South Indian vegetarian QSR brand Vaango. Sapphire Foods operates KFC and Pizza Hut outlets across multiple states in India and Sri Lanka and also runs Taco Bell restaurants in Sri Lanka. Together, the combined platform is expected to significantly strengthen India’s organised QSR landscape.
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By Manu Vardhan Kannan
Published on May 16, 2026
Six Fields has launched its Summer 2026 campaign, #CheersForMore, bringing internationally recognised cricket umpire Anil Chaudhary on board to create a fresh and engaging cricket-viewing experience. Launched during the ongoing cricket season, the campaign aims to encourage fans to celebrate not only match-winning moments but also the smaller moments that shape the game.
At the centre of the campaign is a digital film featuring Anil Chaudhary in a role not commonly seen in cricket brand campaigns. Instead of focusing only on players and high-impact moments, the campaign highlights the many events that keep fans emotionally invested throughout a match, from wides and dot balls to appeals, boundaries, near misses, and changing momentum.
The idea behind the campaign comes from an interesting insight into fan behaviour. While cricket viewers remain emotionally connected from the first ball to the last, celebrations usually happen only during major moments like sixes, wickets, or final victories. Through #CheersForMore, Six Fields aims to make every moment worth celebrating.
Using familiar umpire signals as a creative element, the campaign transforms official gestures into easy fan reactions that people can use while watching matches together. Through this approach, Six Fields hopes to build a more interactive and socially driven viewing culture among modern cricket audiences.
Speaking about the campaign, Prem Dewan, Chairman and Managing Director of DeVANS Modern Breweries Ltd., said: “Cricket is one of India’s biggest entertainment experience and our campaign #CheersForMore celebrates the energy that exists in every moment of the game. The campaign reflects this energy and encourages fans to engage more actively throughout the game.”
The campaign’s choice of Anil Chaudhary also stands out. While many cricket campaigns usually feature current or former players, Six Fields has selected a personality closely associated with the game’s structure and authenticity. Having retired from IPL umpiring only last year, Chaudhary continues to be recognised as the most experienced umpire in IPL history, bringing familiarity and credibility to the campaign.
The initiative also reflects how cricket consumption habits are evolving, especially among younger audiences. Fans today interact with matches through memes, reels, fantasy leagues, watch parties, social media discussions, and live conversations beyond television screens. Brands are increasingly trying to become part of these moments rather than simply seeking visibility.
The campaign will roll out extensively across digital and social platforms during the cricket season. It will include creator collaborations, fan participation formats, influencer content, and real-time conversations to make the cheering behaviour more engaging and visible online.
Speaking on the campaign, Anil Chaudhary said: “Every signal on the field exists because every moment matters in cricket. Through #CheersForMore with Six Fields, we wanted to bring that same spirit to fans and encourage them to stay engaged with the game beyond just the major moments.”
With #CheersForMore, Six Fields is looking to strengthen its connection with cricket culture, social engagement, and celebration moments during one of India's biggest sporting seasons. Cheers For More with Six Fields!
Published on May 15, 2026
Sheraton Grand Palace Indore has introduced a new immersive dining concept titled “Sarafa se Chappan,” designed to celebrate the vibrant street food culture of Indore through a curated culinary journey.
The experience brings together the iconic flavours of Sarafa Bazaar’s lively night food scene and the diverse offerings of Chappan Dukan, two of the city’s most celebrated culinary destinations. Hosted at S Café, the initiative transforms familiar street food favourites into a refined, sit-down dining format while preserving their authenticity and regional character.
The specially curated menu features a wide range of Indori street food staples, including Potato Hot Dog, Sweet Potato Spiral, Jeeravan Spiced Corn, Indori Chatpati Bhel, and Tandoori Fruits. Complementing the food selection are locally inspired beverages such as Jamun Shots and Pineapple Crusher, designed to reflect the bold, tangy, and refreshing flavours associated with Indore’s street culture.
The concept is built around storytelling through food, where each dish represents a sensory connection to the city’s culinary heritage. By blending nostalgia with presentation-driven dining, the experience aims to recreate the energy and vibrancy of Indore’s bustling food streets within a premium hospitality setting.
According to the hotel, the initiative is designed to offer guests more than just a meal, focusing instead on immersive dining that engages taste, memory, and culture. The emphasis remains on authenticity, creativity, and regional identity, while presenting street food in a structured and elevated format.
The “Sarafa se Chappan” experience will be available every weekend from 7:00 PM to 11:00 PM at Sheraton Grand Palace Indore, offering guests a curated journey through one of India’s most celebrated food cities.
Oliveto at The St. Regis Goa Resort is set to bring the charm of Italy to Goa with the launch of Venerdì Italiano evenings this June. Inspired by the relaxed and soulful dining traditions of Italy, the experience invites guests to slow down and enjoy a specially curated evening centred around food, conversation, and timeless flavours.
Scheduled every Friday throughout June, the dining experience embraces the essence of La Dolce Vita and recreates the warmth of a classic neighbourhood trattoria in a refined setting.
Guests can look forward to a chef-curated set menu featuring beloved Italian favourites thoughtfully presented with a contemporary touch. The menu will take diners through a carefully planned culinary journey, beginning with elegant antipasti and moving through signature classics before ending on indulgent dessert notes.
Designed to blend authenticity with modern finesse, Venerdì Italiano aims to offer more than just a meal. The evening promises a warm and inviting atmosphere where guests can enjoy the comfort of traditional Italian dining with a refreshed perspective.
The experience will take place every Friday in June from 7:00 PM to 10:30 PM at Oliveto, The St. Regis Goa Resort.
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