Devyani International Limited announced that Mr. Sreejit Madhavan Nair, CEO-Costa Coffee (designated as Senior Management Personnel), has tendered his resignation from the services of the Company effective from close of business hours of January 8, 2025. Mr. Kamaljit Singh Bedi, CEO- Institutional Business and New Business Ventures (a Senior Management Personnel), who currently has the responsibility for all operations pertaining to Institutional Business and New Business Ventures, shall be taking over from Mr. Sreejit Madhavan Nair, in his new role as CEO- Costa Coffee and Airport Business. Mr. Bedi has been the CEO- Institutional Business and New Business Ventures of the Company since May 14, 2024.

He is a Post- Graduate in Marketing and Export Management and has enriched experience of over 25 years working with companies/brands like ITC, Levi's, Airtel, Mattel Inc, BIBA, Creambell and Rich Products.