StockWatch
·
Restaurants
Regulatory6 Nov 2026, 07:11 pm

Coffee Day Enterprises Board Notes Fine for Delayed AGM XBRL Filing

AI Summary

Coffee Day Enterprises Ltd's Board of Directors reviewed notices from NSE and BSE regarding a fine of ₹10,000 each plus GST for a one-day delay in submitting XBRL voting results for the AGM held on September 21, 2026. The company stated the delay was due to technical issues with the NSE portal, despite timely PDF submission and website availability. The Board was informed that a waiver application has been submitted to the exchanges, highlighting the inadvertent and isolated nature of the technical glitch. The company has committed to strengthening internal procedures to prevent future occurrences.

Key Highlights

  • Board reviewed ₹10,000 fine from NSE and BSE for delayed AGM XBRL filing.
  • Delay attributed to technical issues with NSE portal, not wilful non-compliance.
  • Company has applied for a waiver of the levied fines.
  • Commitment to enhance internal controls to prevent future technical glitches.