Devyani International to Invest ₹347 Crore in Thailand KFC OperatorDevyani International to Invest ₹347 Crore in Thailand KFC Operator

Introduction

Leading QSR franchisee approves ₹347 crore investment in Thailand’s KFC operator Restaurants Development Co., Ltd., to retire debt and fund capital expenditure and working capital needs.

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Share price movement of Devyani International

On March 23, 2026, Devyani International Ltd  opened at ₹103.15, down -0.82% from its previous close of ₹104.00. It reached a high of ₹104.15 (0.14%) and a low of ₹98.30. By 4:00 PM, it traded at ₹100.29, a -3.57% decrease, with a market cap of ₹12,526.67 crore.

₹347 Cr Investment in Thai KFC Operator

Devyani International approved an investment of ₹347 crore (THB 1,210 million) in Restaurants Development Co., Ltd. (RD), operator of 274 KFC restaurants in Thailand. The transaction is routed through subsidiaries Devyani International DMCC and Yellow Palm Co., Ltd.

Of the total, ₹232 crore (THB 810 million) will retire RD’s existing debt via a short-term loan from Axis Bank, Dubai, backed by a corporate guarantee from Devyani International Limited.

The remaining ₹115 crore (THB 400 million) is a convertible loan from the parent at 8.30% per annum. Post-investment, Devyani International DMCC will hold a 49% stake in RD and Yellow Palm 51%. The deal is expected to conclude by June 30, 2026.

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

Devyani International invested ₹347 crore in Thailand KFC operator to retire debt and fund capex, with deal completion expected by June 2026.

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Shareholding pattern of Devyani International

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	61.40%	62.60%	62.70%
FII	5.80%	6.60%	9.40%
DII	19.40%	19.80%	18.10%
Public	13.40%	12.30%	9.90%

About Devyani International

Devyani International Ltd (NSE: DEVYANI) is India’s largest Yum Brands franchisee, operating KFC, Pizza Hut, and Costa Coffee outlets across India, Nepal, Nigeria, and Thailand.

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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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