ED FEMA notice challenged; High Court defers proceedings

Enforcement raidCourt stay obtainedRegulatory & Legal View source PDF Explain this filing

COFFEEDAY · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹32.05

prior close

₹33.03

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-1.1% vs market

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.5

15m

-0.7

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.5+1.6-1.1

Next day

-2.0-0.6-1.4

-5.7-0.5-5.3

-1.5+1.5-3.1

-3.8+1.1-4.9

-5.1+3.0-8.1

-5.5+5.5-10.9

15d

+3.3+6.1-2.8

-1.4+5.1-6.5

-30.3-8.0-22.3

-14.7+10.9-25.6

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Coffee Day Enterprises received a notice from the Enforcement Directorate over an alleged FEMA contravention related to a 2010 FDI transaction. The company has challenged the notice before the Karnataka High Court, which on 21 January 2026 deferred the ED proceedings until the next hearing on 23 February 2026. The company says there is no impact on financials or operations and is contesting the matter.

Likely market impact

Matter is sub judice with no current financial impact, but the ongoing ED action creates regulatory uncertainty for shareholders.