Promoter entities of Sapphire Foods divests 5 9 pc stake for Rs 530 cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Sapphire Foods Mauritius sold 16.25 lakh equity shares at an average price of Rs 1,355 and Wtcnam Common Trust Funds Trust Emerging Markets Opportunities Portfolio bought 11.14 lakh shares at the same price
Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent and operates more than 700 KFC, Pizza Hut and Taco Bell restaurants across India, Sri Lanka and the Maldives.