The Competition Commission of India (CCI) announced on 31 October 2026 that it has approved the merger of Sapphire Foods India Limited into Devyani International Limited. Both companies operate KFC and Pizza Hut franchise outlets in India. Devyani International also operates Costa Coffee, New York Fries, Sanook Kitchen, and its own homegrown brands. The release does not say when the merger takes effect.
Key points
- CCI approved the merger of Sapphire Foods India Limited into Devyani International Limited
- Both companies operate KFC and Pizza Hut franchises in India
- Devyani International is the exclusive franchisee for Costa Coffee, New York Fries, and Sanook Kitchen
When it applies
The document does not state when it takes effect.
Who it affects
- corporate entities