StockWatch
·
Restaurants
Shareholding27 Apr 2026, 03:39 pm

CDEL Promoter Releases 1.5 Lakh Pledged Shares

AI Summary

Coffee Day Consolidations Pvt Ltd, a promoter group entity of Coffee Day Enterprises Ltd (CDEL), has announced the release of 1,50,000 pledged equity shares of CDEL. This disclosure, made on April 27, 2026, pertains to shares released on April 24, 2026. The release was in connection with borrowings availed by a Group Company, reducing the encumbrance on promoter holdings.

Key Highlights

  • Coffee Day Consolidations Pvt Ltd released 1,50,000 pledged shares.
  • The shares were of Coffee Day Enterprises Ltd (CDEL).
  • Release was linked to borrowings by a Group Company.
  • This action reduces the encumbrance on promoter shareholding.