Sapphire Foods India Limited (SAPPHIRE)
Outcome of Board Meeting
Board approved revised merger scheme with Devyani International Ltd after termination of secondary share sale SPA by promoter SFML. The secondary sale of 18.5% shares to Arctic will not proceed, but merger terms and share exchange ratio remain unchanged. Merger process continues without impact on shareholders, removing secondary sale as a condition precedent.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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The summary above is generated automatically from Sapphire Foods India Limited's own
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