|₹1459.4 / ₹974.45|
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The Company was incorporated under the name Samarjit Advisors Private Limited on 10 November 2009. Subsequently, pursuant to a special resolution passed in the extraordinary general meeting of the Shareholders held on 26 December 2014, the Company changed its name to Sapphire Foods India Private Limited on 07 January 2015. Thereafter, the Company was converted into a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of the Shareholders held on 15 June 2021 and the name of the Company was changed to Sapphire Foods India Limited. The company is principally engaged in the franchise business of KFC and Pizza Hut restaurants in India. The company,directly and through its subsidiaries,is one of the largest franchisees of YUM brands in Indian sub-continent in terms of revenue with the rights to operate KFC,Pizza Hut and Taco Bell stores in India,Sri Lanka and Maldives. On 08 March 2017,the company has allotted 41088390 bonus equity shares of Rs 10 each to the shareholders in the ratio of 70:1. During the FY2020,the company has allotted 7136094 equity shares of Rs 10 each at a price of Rs 339 per share on conversion of CCPS and CCDs. On 03 August 2020,the company has allotted 2184520 equity shares of Rs 10 each at a price of Rs 187 per share on rights basis.