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48 announcements
Sapphire Foods received CCI approval under Section 31(1) for its proposed merger into Devyani International under a Scheme of Arrangement. The detailed CCI order is still awaited.
Sapphire delivered record revenue growth driven by aggressive value-pricing and store expansion, though severe inflationary pressures are squeezing restaurant-level margins.
Sapphire Foods reported its best revenue and Adj. EBITDA growth in 16 quarters. The company focus remains on consumer recruitment through value-driven strategies like 'Every Day Value'.
Sapphire Foods India Ltd reported revenue from operations of ₹888 Cr (+19.6% YoY) and a net loss of ₹1.5 Cr for Q2 FY27.
ICRA Limited has upgraded the credit ratings for various bank facilities of Sapphire Foods India Limited. The company has informed the Exchange about this rating revision.
Sapphire Foods received a show cause notice from UP GST authorities alleging short payment of Rs. 2.15 Crore. The company stated the claim is not maintainable.
Sapphire Foods received a GST show cause notice for INR 1.403 Crore from the Assistant Commissioner of State Tax, Gujarat. The company disputes the claim's maintainability.
Sapphire Foods received a GST show cause notice for INR 19.99 Crore regarding tax and ITC discrepancies. The company considers the claim not maintainable.
Sapphire Foods received a GST show cause notice amounting to ₹21.465 Crore for the period April 2022 to March 2023. The company is evaluating the notice.
Sapphire Foods received a GST show cause notice for INR 516.84 Crore. The company contests the claim and expects no material impact on its operations.
Director Sanjay Purohit sold 902,555 equity shares of Sapphire Foods India Ltd via market sale for Rs.20.31 Crore.
Sapphire Foods India Limited and Devyani International Limited have jointly filed an application with the Competition Commission of India regarding their proposed merger.
Director Sanjay Purohit sold 694,445 equity shares of Sapphire Foods India Ltd worth ₹15.87 Crore via market sale. This PIT disclosure details the director's equity reduction.
Sapphire Foods India Ltd approved a revised scheme of amalgamation with Devyani International Ltd following the termination of a secondary sale agreement. The merger process continues.
Sapphire Foods has terminated the SPA for the previously proposed Secondary Sale Transaction. The merger process with Devyani International Limited continues as planned without this condition.
Sapphire Foods reported that the Income Tax Appellate Tribunal (ITAT) dismissed an appeal by the Income Tax Department, upholding a favourable order for its subsidiary.
GIC Private Limited sold 2,350,734 equity shares of Sapphire Foods India Ltd via open market sale. The total holding decreased to 2.548%.
Sapphire Foods reported strong Q1 FY27 results with 15% revenue growth and 32% adjusted EBITDA growth, driven by positive SSSG across KFC, Pizza Hut, and Sri Lanka.
Sapphire Foods reported a strong Q1 FY27 with 15% revenue growth and 37% Adjusted EBITDA growth, though Sri Lankan operations face persistent inflationary and currency headwinds.
Sapphire Foods reported strong Q1 FY27 performance with 15% revenue growth and 37% Adj. EBITDA growth, driven by positive SSSG across KFC, Pizza Hut India, and Sri Lanka verticals.
Sapphire Foods India Ltd reported revenue from operations of ₹891 Cr (+14.7% YoY) and net profit of ₹14 Cr for Q1 FY27.
Sapphire Foods India Limited held its 17th Annual General Meeting on 21st July 2026. Shareholders discussed various ordinary and special business resolutions during the proceedings.
Sapphire Foods India Ltd submitted its quarterly shareholding pattern as of June 30, 2026. The filing details distribution across promoters and public shareholders.
Sapphire Foods India scheduled a board meeting on July 24, 2026. The board will consider unaudited financial results for the quarter ended June 30, 2026.
Sapphire Foods filed its Business Responsibility and Sustainability Report for FY 2025-26. The report details operational scale and sustainability metrics.
Sapphire Foods India Limited has filed its Annual Report for FY 2025-26. The submission includes the report and the notice for the 17th AGM.
Sapphire Foods received a favorable order dismissing a Rs.97.71 Crore GST demand. The authority ruled that the company correctly availed eligible input tax credits.
Sapphire Foods received a favorable order dismissing a tax demand of ₹97.71 Crore. The Assistant Commissioner ruled the company correctly availed eligible input tax credit.
Sapphire Foods India will hold its 17th Annual General Meeting on July 21, 2026. The meeting will be conducted via video conferencing.
Sapphire Foods received no-objection letters from NSE and BSE for its proposed scheme of arrangement with Devyani International. The scheme now requires shareholder and regulatory approvals before filing with NCLT.