Devyani International Expands KFC Presence in Thailand

Key Highlights • Investing ~THB 1,210 Mn (~₹3,473 Cr) in Restaurants Development Co. (RD) • RD operates 274 KFC outlets in Thailand • Funds to be used for: – Debt repayment (~THB 810 Mn) – Working capital & capex (~THB 400 Mn) Ownership Structure • Devyani International (DID): 49% stake • Yellow Palm Co., Ltd.: 51% stake • Deal expected to close by June 30, 2026 Why It Matters This investment strengthens Devyani’s international footprint and deepens its presence in the high-growth Southeast Asian QSR market. Learning Outcome Global expansion through partnerships allows companies to scale faster while sharing risk. Investors should track international revenue contribution and execution in new geographies.