Coffee Day Enterprises Ltd

The company will settle the outstanding debt of two debenture holders in three tranches, which includes the amount realized from the sale of 12.41% of the pledged and invoked shares of Coffee Day Global owned by the company, to a third party for Rs 55 crore. The draft settlement agreement was approved by the Audit Committee and the Members of the Board in their meeting held on March 17, 2025. 'This settlement ensures the debt reduction commitment of the company and it's subsidiaries in the interest of all stakeholders. The company remains committed to fulfilling its obligations and ensuring long-term value creation for stakeholders,' it added. Earlier on 3 March 2025, the National Company Law Appellate Tribunal (NCLAT) dismissed a bankruptcy plea filed against the company by IDBI Trusteeship Services. The core of the legal dispute revolved around an alleged default of Rs 228 crore. Initially, the Bengaluru bench of the National Company Law Tribunal (NCLT) had admitted IDBI Trusteeship's plea, triggering the commencement of the Corporate Insolvency Resolution Process (CIRP). In response, Coffee Day Enterprises swiftly challenged the NCLT's decision, filing an appeal with the NCLAT. The appellate tribunal initially granted a stay on the CIRP, providing temporary relief to the company. However, IDBI Trusteeship Services subsequently escalated the matter to the Supreme Court, seeking to reinstate the insolvency proceedings. The Supreme Court then directed the Chennai bench of the NCLAT to expedite the resolution of the pending appeal, setting a deadline of February 21, 2025. Failure to meet this deadline would result in the automatic disposal of the appeal and the resumption of the insolvency process. As the February deadline approached, and with the NCLAT unable to deliver its verdict within the stipulated time, the insolvency proceedings temporarily resumed. However, the NCLAT delivered its final verdict, ruling in favor of Coffee Day Enterprises and dismissing the bankruptcy plea. Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Caf' Coffee Day that pioneered the coffee culture in the chained caf' segment in India. On a consolidated basis, Coffee Day Enterprises reported net loss of Rs 10.28 crore in Q3 December 2024 as against net profit of Rs 69.19 crore in Q3 December 2023. Net sales rose 9.15% year-on-year to Rs 280.41 crore in Q3 December 2024.Powered by Capital Market - Live

Vijaya Diagnostic Centre Ltd, Jyoti CNC Automation Ltd, India Cements Ltd and Epigral Ltd are among the other gainers in the BSE's 'A' group today, 04 March 2025.Coffee Day Enterprises Ltd surged 19.96% to Rs 30.77 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 9.85 lakh shares were traded on the counter so far as against the average daily volumes of 5.21 lakh shares in the past one month. Vijaya Diagnostic Centre Ltd spiked 13.18% to Rs 1054.45. The stock was the second biggest gainer in 'A' group. On the BSE, 63619 shares were traded on the counter so far as against the average daily volumes of 49054 shares in the past one month. Jyoti CNC Automation Ltd soared 12.36% to Rs 864.8. The stock was the third biggest gainer in 'A' group. On the BSE, 1.15 lakh shares were traded on the counter so far as against the average daily volumes of 24955 shares in the past one month. India Cements Ltd added 9.65% to Rs 281.3. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.49 lakh shares were traded on the counter so far as against the average daily volumes of 34828 shares in the past one month. Epigral Ltd exploded 9.05% to Rs 1702.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5868 shares were traded on the counter so far as against the average daily volumes of 6215 shares in the past one month. Powered by Capital Market - Live

The core of the legal dispute revolved around an alleged default of Rs 228 crore. Initially, the Bengaluru bench of the National Company Law Tribunal (NCLT) had admitted IDBI Trusteeship's plea, triggering the commencement of the Corporate Insolvency Resolution Process (CIRP) and appointing an interim resolution professional to oversee Coffee Day Enterprises' operations. This initial ruling posed a significant threat to the company's future, potentially leading to its restructuring or liquidation. In response, Coffee Day Enterprises swiftly challenged the NCLT's decision, filing an appeal with the NCLAT. The appellate tribunal initially granted a stay on the CIRP, providing temporary relief to the company. However, IDBI Trusteeship Services subsequently escalated the matter to the Supreme Court, seeking to reinstate the insolvency proceedings. The Supreme Court then directed the Chennai bench of the NCLAT to expedite the resolution of the pending appeal, setting a deadline of February 21, 2025. Failure to meet this deadline would result in the automatic disposal of the appeal and the resumption of the insolvency process. As the February deadline approached, and with the NCLAT unable to deliver its verdict within the stipulated time, the insolvency proceedings temporarily resumed. However, the NCLAT has now delivered its final verdict, ruling in favor of Coffee Day Enterprises and dismissing the bankruptcy plea. This decision has provided significant relief to the company and triggered a strong positive reaction from investors. Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Caf' Coffee Day that pioneered the coffee culture in the chained caf' segment in India. On a consolidated basis, Coffee Day Enterprises reported net loss of Rs 10.28 crore in Q3 December 2024 as against net profit of Rs 69.19 crore in Q3 December 2023. Net sales rose 9.15% year-on-year to Rs 280.41 crore in Q3 December 2024. Powered by Capital Market - Live

Net loss of Coffee Day Enterprises reported to Rs 10.28 crore in the quarter ended December 2024 as against net profit of Rs 69.19 crore during the previous quarter ended December 2023. Sales rose 9.15% to Rs 280.41 crore in the quarter ended December 2024 as against Rs 256.91 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales280.41256.91 9 OPM %12.9717.41 - PBDT20.44105.93 -81 PBT-11.4377.75 PL NP-10.2869.19 PL Powered by Capital Market - Live

Coffee Day Enterprises will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

Net Loss of Coffee Day Enterprises reported to Rs 3.29 crore in the quarter ended September 2024 as against net loss of Rs 109.56 crore during the previous quarter ended September 2023. Sales rose 4.23% to Rs 269.34 crore in the quarter ended September 2024 as against Rs 258.40 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales269.34258.40 4 OPM %8.9415.91 - PBDT27.3733.22 -18 PBT-3.603.15 PL NP-3.29-109.56 97 Powered by Capital Market - Live

Coffee Day Enterprises will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

Coffee Day Enterprises announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

Net loss of Coffee Day Enterprises reported to Rs 11.45 crore in the quarter ended June 2024 as against net profit of Rs 20.55 crore during the previous quarter ended June 2023. Sales rose 5.17% to Rs 260.07 crore in the quarter ended June 2024 as against Rs 247.29 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales260.07247.29 5 OPM %14.3618.85 - PBDT22.6253.90 -58 PBT-11.8822.48 PL NP-11.4520.55 PL Powered by Capital Market - Live

Sun TV Network Ltd, Balkrishna Industries Ltd, Bharat Dynamics Ltd and KFin Technologies Ltd are among the other losers in the BSE's 'A' group today, 12 August 2024.Coffee Day Enterprises Ltd crashed 14.22% to Rs 40 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 44 lakh shares were traded on the counter so far as against the average daily volumes of 3.44 lakh shares in the past one month.Sun TV Network Ltd tumbled 9.74% to Rs 825.4. The stock was the second biggest loser in 'A' group.On the BSE, 2.16 lakh shares were traded on the counter so far as against the average daily volumes of 24135 shares in the past one month.Balkrishna Industries Ltd lost 6.89% to Rs 2845. The stock was the third biggest loser in 'A' group.On the BSE, 25312 shares were traded on the counter so far as against the average daily volumes of 5605 shares in the past one month.Bharat Dynamics Ltd shed 6.75% to Rs 1336.8. The stock was the fourth biggest loser in 'A' group.On the BSE, 2.55 lakh shares were traded on the counter so far as against the average daily volumes of 1.34 lakh shares in the past one month.KFin Technologies Ltd corrected 6.66% to Rs 1011.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.74 lakh shares were traded on the counter so far as against the average daily volumes of 92645 shares in the past one month.Powered by Capital Market - Live