Shareholding20 Aug 2026, 03:29 pm
Coffee Day Enterprises: Malavika Hegde Releases Invoked Pledged Shares
AI Summary
Coffee Day Enterprises Ltd has filed a disclosure regarding the release of invoked pledged equity shares held by Malavika Hegde. This action is connected to borrowings availed by a group company. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the reversal of invocation of 47,293 shares, previously pledged to Clix Capital and assigned to Phoneix ARC. The total promoter holding involved in encumbrance activities is reported at 7.78%. This event signifies a step towards normalizing the shareholding structure following group company debt resolutions.
Key Highlights
- Malavika Hegde's pledged shares have been released.
- Release is linked to group company borrowings.
- Disclosure made under SEBI Takeover Regulations.
- 47,293 shares were involved in the release.
- Total promoter encumbrance stands at 7.78%.
Price Impact
More from COFFEEDAY