Fidelity raised its stake in Sapphire Foods India Limited from 3.15% to 3.65% by acquiring 15,98,883 shares.
One of the largest franchisees of Yum! Brands in the Indian subcontinent, Sapphire Foods operates a network of KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. The company specializes in quick-service restaurant operations, managing food delivery and dine-in services across multiple locations. Its distinctive strength lies in regional market penetration, operational scale, and expertise in managing international brand franchises throughout South Asian markets.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.
