BY A STAFF REPORTER
Divyani International Ltd is the largest franchisee of Yum Brands in India and are among the largest operators of chain quick service restaurants (“QSR”) in India (Source: GlobalData Report), on a non-exclusive basis, and operate
655 stores across 155 cities in India, as of March 31, 2021, and 696 stores across 166 cities in India, as of June 30, 2021. In addition, it is a franchisee for the Costa Coffee brand and stores in India. Company’s committed senior management team and the experience of its Promoters has also led the growth of company’s operations. The corporate Promoter, RJ Corp, is a diversified conglomerate that is focused on F&B sectors and individual Promoter, Ravi Kant Jaipuria, also has significant experience in the F&B sector and has been instrumental in the growth of of the Company. Its Whole-time Director (President & CEO), Virag Joshi has been a key strategist in expansion of Pizza Hut, KFC and Costa Coffee stores.
Post issue Promoter shareholding will be 67.99%.
Source : Eureka
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