Board MeetingOutcome of Board Meeting
Sapphire Foods' board met today and approved a revised merger scheme with Devyani International.
Sapphire Foods India LimitedSAPPHIRE · Filed with the exchange
An earlier condition regarding a secondary share sale was removed as its agreement was terminated.
The share exchange ratio (177 DIL for 100 Sapphire) remains unchanged.
This has no impact on shareholders, and the merger process continues.
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