Devyani International, a listed company, runs quick service restaurants (QSRs) such as KFC and Pizza Hut across India.
The dispute traces back to October 1, 2021, when B9 Beverages Limited approached Devyani International to enhance its business presence and market growth. Following negotiations, the parties entered into several agreements, including:
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Brand alliance agreement – Aimed at brand enhancement and market growth.
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Two supply agreements – For the supply of products at various locations, including Ile Bar at Lucknow’s CCS Airport and Indira Gandhi International Airport, New Delhi.
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Supply agreements with sister concerns – Agreements with Devyani Food Spirit Private Limited (DFSPL) and Devyani Airport Services Mumbai…
