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Saurabh Tyagi--Clovek,Advisory

5th Apr · SEBI-Registered Analyst

DEVYANI

DEVYANI
approved a THB 1,210 million investment in Thailand's Restaurants Development Co. Ltd, a KFC operator. The investment will be used to repay debt and fund working capital. The company will hold a 49% stake post-investment, with the remaining 51% held by Yellow Palm Co. Ltd. The acquisition is expected to be completed by June 30, 2026.

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