Devyani International arm sells entire 51% stake in Peanutbutter & Jelly, stock up 2%Devyani International arm sells entire 51% stake in Peanutbutter & Jelly, stock up 2%

Introduction

Leading food and hospitality group’s subsidiary, Sky Gate Hospitality, has sold its entire 51% stake in Peanutbutter and Jelly Private Limited to Heritage Foods.

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Share price movement of Devyani International

On January 9, 2026, Devyani International Limited opened at ₹135.85, down 0.59% from its previous close of ₹136.65. The stock reached a high of ₹138.65 (1.47%) and a low of ₹135.10. By 11:25 AM, it traded at ₹135.30, a 0.99% decrease, with a market cap of ₹16,680.76 crore.

Sky Gate Sells Peanutbutter Stake

Devyani International Limited’s subsidiary, Sky Gate Hospitality Private Limited, has completed the sale of its entire 51% equity stake in Peanutbutter and Jelly Private Limited to Heritage Foods Limited.

Following the transaction, Peanutbutter and Jelly Private Limited has ceased to be a subsidiary of Sky Gate and a step-down subsidiary of Devyani International Limited, effective immediately.

Stock performance of Devyani International for Period of 1 week, 6 months, and 1 year

Devyani International Limited delivered a -7.73% return over the past week, declined 19.3% in the past six months, and fell 27.0% over the past year.

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Shareholding pattern of Devyani International

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	61%	63%	63%
FII	7%	9%	11%
DII	19.80%	18.10%	16.90%
Public	12.30%	9.90%	10.00%

About Devyani International

Devyani International Limited (NSE: DEVYANI) is India’s largest Yum Brands franchisee and a leading operator of QSR chains, including Costa Coffee outlets across the country.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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