Devyani International Limited informed that as per the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company vide Circular Resolution passed
on October 23, 2024 approved the appointment of Mr. Shivashish Pandey as CEO - Yum Brands (Senior Management Personnel of the Company) with effect from October 28, 2024. Mr. Shivashish Pandey is a Commerce Graduate, Chartered Accountant and has done Advanced Management Program from Harvard Business School. He has more than two decades of experience of working at leadership positions in various companies including as the CEO of PT. Fast Food Indonesia Tbk, a listed QSR company in Indonesia, with over 700 stores of KFC and Taco Bell. He has also been earlier associated with the Company for a short-term in the capacity of Chief Business Development Officer and CEO-Pizza Hut.
Devyani International Limited is an India-based company that primarily engaged in the business of developing, managing and operating quick-service restaurants and food courts for brands, such as Pizza Hut, KFC, Costa Coffee, and Vaango. The Company operates through the Food and Beverages segment. Its geographical segments include Within India and Outside India. The Company holds the franchisees of Yum Brands in India, managing renowned brands KFC and Pizza Hut across India, also extending the franchisees to Nigeria (KFC), Nepal, and Thailand (KFC). The Company operated over 596 KFC stores and approximately 567 Pizza Hut stores across India. In addition, the Company is also a franchise of Costa Coffee brand in India, which is operated in approximately 179 Costa Coffee stores. The Company's subsidiaries include Devyani Food Street Private Limited, Devyani Airport Services (Mumbai) Pvt. Ltd., Devyani International Nepal Private Limited and RV Enterprizes Pte. Limited, and among others.
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Investor
Investor
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Global
Global
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Quality
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