Sapphire Foods India Limited
HSBC Mutual Fund increased its stake in Sapphire Foods India Limited from 1.05% to 1.79%, purchasing 23,78,801 shares. The fund now holds 57,65,039 shares in the company.
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.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.