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VERIFIEDET Stocks·positive
Devyani International shares rally 4% after revision in Sapphire Foods merger plan
AI Summary
- ·Devyani International shares rose 4% following an update on its merger with Sapphire Foods India.
- ·The merger with Sapphire Foods India remains on track, with the share-swap ratio unchanged.
- ·A proposed secondary share sale involving Sapphire Foods Mauritius and Arctic International has been cancelled.