Devyani International Share Price in Focus; to Invest ₹347 Crore in Thailand’s KFC Operator

Devyani International Limited has approved a strategic investment in its overseas subsidiaries to strengthen operations of its Thailand-based quick service restaurant (QSR) business.  

Key Development 

The company’s board has in-principally approved an investment of ₹3,473 million) in Restaurants Development Co., Ltd. (RD) through its subsidiaries, Devyani International DMCC (DID) and Yellow Palm Co., Ltd.  

Out of this, (₹2,325 million) will be utilised to retire existing debt, while the remaining funds will support working capital and capital expenditure requirements. The net investment by the group stands at ₹1,148 million). 

To facilitate this, DID will raise ~THB 400 million via a convertible loan from the parent company and secure a short-term loan of ~THB 810 million from Axis Bank, Dubai, backed by a corporate guarantee from Devyani International. 

Other Insights 

The investment aims to strengthen RD’s balance sheet and support long-term business expansion. RD operates a chain of 274 KFC restaurants in Thailand, making it a key international growth driver for the company. 

Post-investment, DID is expected to hold 49% stake in RD, while Yellow Palm will hold 51%, ensuring continued control within the group structure. 

Read More: Devyani International Q3 FY26 Earnings Results: Revenue Rises 11%, Expands Store Network and Strengthens Margins! 

Devyani International Share Price Performance  

As of March 20, 2026, Devyani International share price is closed at ₹104.40 per share, reflecting a decline of 1.11% from the previous closing price.  

Conclusion 

This investment marks a strategic step by Devyani International to reinforce its international footprint while improving financial stability of its Thailand operations. By reducing leverage and allocating capital towards expansion, the company is positioning itself to capture long-term growth in a high-potential QSR market. 

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