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Business

Devyani, Sapphire Foods shares rise 3% after revision of merger scheme

Business Standard ·
Devyani, Sapphire Foods shares rise 3% after revision of merger scheme

Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.

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