Devyani International (DIL) has announced a leadership transition. Manish Dawar is appointed as President & CEO, effective April 1, 2026. Virag Joshi will transition to a Non-Executive Director role. Anupam Kumar is appointed as the new CFO. These changes aim to drive the company’s growth and strengthen its leadership position within the Quick Service Restaurant (QSR) sector.
Leadership Changes at Devyani International
Devyani International Limited (DIL) is set to undergo a significant leadership transition. Effective April 1, 2026, Manish Dawar will assume the role of President & CEO, succeeding Virag Joshi. This change is intended to position DIL for its next phase of growth in the evolving QSR landscape.
Key Appointments and Departures
Several other key changes were announced:
- Manish Dawar, currently CFO & Whole Time Director, will become President & CEO.
- Virag Joshi will transition from his role as President & CEO to a Non-Executive Director.
- Anupam Kumar, currently EVP-Finance, will be appointed as the new CFO, effective April 1, 2026.
- Neeraj Tiwari has been appointed as Chief Technology Officer (CTO), effective February 4, 2026.
- Varun Kumar Prabhakar has been appointed as General Counsel, effective February 4, 2026.
- Shivashish Pandey, CEO-Yum Brands, will resign effective close of business hours on February 28, 2026.
Management Commentary
Ravi Jaipuria, Non-Executive Chairman, emphasized that this transition comes at a pivotal time for DIL. He stated that Manish Dawar has demonstrated exceptional leadership and is well-equipped to lead the company forward, especially with the planned merger and the rapid changes in the QSR sector. He also expressed gratitude to Virag Joshi for his contributions and welcomed his continued support as a Non-Executive Director.
Source: BSE
