Devyani International Limited has officially confirmed the resignation of Mr. Shivashish Pandey from his role as CEO – Yum Brands, effective February 28, 2026. This confirmation follows an earlier intimation made on February 4, 2026. The company has attached Mr. Pandey’s formal resignation letter, dated November 24, 2025, as an annexure to this disclosure. Mr. Virmani, Chief Sustainability Officer & Company Secretary, signed the compliance notice.
Confirmation of Leadership Change
Devyani International Limited issued a regulatory disclosure on March 5, 2026, confirming a change within its Senior Management Personnel. The company officially acknowledged the departure of Mr. Shivashish Pandey from his position as CEO – Yum Brands.
Effective Date and Previous Intimation
The resignation was effective from the close of business hours on February 28, 2026. This filing serves to reiterate the information initially provided to the exchanges via an earlier intimation on February 4, 2026, concerning the effective date of Mr. Pandey’s departure.
Resignation Letter Details (Annexure I)
Attached to the official notice is Annexure I, which is the formal resignation letter submitted by Mr. Pandey. The letter itself is dated November 24, 2025, and was addressed to Mr. Virag Joshi (CEO & President) and Mr. Rajeshwar Tripathi (Group CHRO). In the letter, Mr. Pandey expressed thanks for the opportunity and offered assistance during the transition period.
Company Acknowledgment
The disclosure was executed by Pankaj Virmani, Chief Sustainability Officer & Company Secretary, on behalf of Devyani International Limited, ensuring all regulatory reporting obligations regarding the change in senior management were met.
Source: BSE
