Coffee Day Enterprises Limited has informed the Exchange about General Updates
COFFEEDAY · price
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On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Securities Appellate Tribunal (SAT) in Mumbai has extended the timeline mentioned in paragraph 73(f) of an earlier order by six months, now running until September 2025. This was on consent of SEBI's counsel and with the satisfaction of Coffee Day Enterprises' senior advocate. The case involves Coffee Day Enterprises and Mysore Amalgamated Coffee Estates in appeals against SEBI. Both parties have been directed to prepare for final hearing, with the next date set for August 6, 2025. The order is largely procedural and does not decide the underlying dispute on merits.
The extension is procedural and gives the company more time to comply with an earlier SAT direction, but it also prolongs regulatory uncertainty for shareholders. The underlying SEBI matter remains unresolved, which continues to be an overhang on the stock until final hearing.