Ravi Jaipuria s indomitable spirit, innovative thinking, and unwavering dedication have transformed him into a visionary titan. A trailblazer in the Indian business landscape, his story is one of resilience, triumph, and a never-ending pursuit of excellence.
This is the question raised by the proxy advisory firm Stakeholders Empowerment Services (SES) in its report on Devyani International over the presence of cardiologist Naresh Trehan as an independent director on the boards of Devyani and Varun Beverages. While Devyani International operates quick-service restaurant chains such as Pizza Hut, KFC, Costa Coffee and Vaango, Varun Beverages is one of the largest franchisees of PepsiCo in the world.
The stock with face value of Rs 10 has been split into two shares of Rs 5 each after the shareholders of the Pepsi bottler approved the proposal on June 2
.