Devyani International Limited (DIL) announced significant organizational changes effective February 4, 2026, and April 1, 2026. Mr. Virag Joshi, Whole-time Director (President & CEO), will superannuate from his full-time role on March 31, 2026, after a long tenure, and will continue to serve as a Non-Executive Director, providing strategic advisory services. Following this transition, Mr. Manish Dawar, currently Whole-time Director & CFO, will be elevated to Whole-time Director (President & CEO) effective April 1, 2026. Concurrently, Mr. Anupam Kumar, EVP - Finance, will be appointed as the Chief Financial Officer (CFO) and designated as Key Managerial Personnel, also effective April 1, 2026. Further appointments include Mr. Neeraj Tiwari as Chief Technology Officer (CTO) and Mr. Varun Kumar Prabhakar as General Counsel, both effective February 4, 2026. Additionally, Mr. Shivashish Pandey has resigned as CEO - Yum Brands, effective February 28, 2026. The company highlighted that Manish Dawar's appointment as President & CEO is strategic, aligning with DIL's growth trajectory and the proposed merger with Sapphire Foods, which he is expected to lead. Mr. Ravi Jaipuria, Non-Executive Chairman, expressed confidence in Dawar's leadership for the next phase of growth and appreciation for Mr. Joshi's contributions.
