tiprankstipranks
Company Announcements

Coffee Day Enterprises Updates on Legal Proceedings and Settlement Talks

Story Highlights
Coffee Day Enterprises Updates on Legal Proceedings and Settlement Talks

Discover the Best Stocks and Maximize Your Portfolio:

Coffee Day Enterprises Ltd ( (IN:COFFEEDAY) ) has provided an update.

Coffee Day Enterprises Ltd has provided an update regarding an ongoing legal matter with IDBI Trusteeship Services Ltd. The Supreme Court has directed the National Company Law Appellate Tribunal (NCLAT) in Chennai to resolve an appeal by February 21, 2025, with negotiations for a settlement occurring concurrently. The outcome of this legal process may have significant implications for the company’s operations and stakeholder interests.

More about Coffee Day Enterprises Ltd

Coffee Day Enterprises Ltd is a company operating in the hospitality industry, primarily known for its chain of coffee shops serving a variety of coffee and snacks. The company is focused on expanding its market presence within the beverage retail sector.

YTD Price Performance: 3.90%

Average Trading Volume: 155,193

Current Market Cap: 5.23B INR

Find detailed analytics on COFFEEDAY stock on TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1