Sanjay Purohit sold 6,94,445 shares of Sapphire Foods India Limited for ₹15.87 Cr at ₹228.51 apiece through a market sale, reducing his stake from 0.50% to 0.28%.
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.