Renowned investor Dolly Khanna has increased her shareholding in Coffee Day Enterprises , the company behind the popular Café Coffee Day chain, during the second quarter of the current fiscal year. The move highlights a growing interest in the coffee chain company among notable market participants.

Stake Increase Details

Khanna's stake in Coffee Day Enterprises has seen a significant rise, as detailed in the following table:

This represents a substantial increase of 0.64 percentage points in Khanna's ownership of the company.

Implications for Investors

The increased stake by a prominent investor like Dolly Khanna could be seen as a positive signal by the market. Khanna is known for her stock-picking ability and long-term investment approach, particularly in small and mid-cap companies with growth potential.

While this development is noteworthy, investors should conduct their own research and consider various factors before making investment decisions. The coffee industry in India continues to evolve, and Coffee Day Enterprises' performance will depend on various market factors and the company's strategic initiatives.

As always, it's crucial for investors to keep an eye on further developments in the company's performance and any additional changes in significant shareholdings.

Coffee Day Enterprises Limited (CDEL) has announced significant changes in its shareholding structure and resolved a long-standing issue with the Income Tax Department. The company, known for its popular café chain Café Coffee Day, has made these disclosures in a recent filing to the stock exchanges.

Share Transfer to AHIH Resorts

CDEL has revealed that 98,28,451 shares, representing 4.65% of the company's total paid-up capital, will be transferred from Mrs. Malavika Hegde, the CEO and Whole-time Director, to AHIH Resorts and Retreat Private Limited. This transfer is in compliance with a Debt Recovery Tribunal (DRT) order dated September 18, 2025.

Key details of the transaction include:

The company's board of directors approved this transaction on September 23, 2025. As a result of this transfer, AHIH Resorts and Retreat Private Limited will be added to the promoter group of Coffee Day Enterprises Limited.

It's important to note that despite this transfer, the overall shareholding of the promoter and promoter group will remain unchanged. The company clarified that this change is being made to update the shareholding register in accordance with SEBI (LODR) Regulations.

Income Tax Attachment Withdrawn

In a separate development, Coffee Day Enterprises has reported that the Income Tax Department has withdrawn its provisional attachment on the company's shares. This attachment was initially disclosed by the company on February 15, 2019, under section 281B of the Income Tax Act, 1961.

The withdrawal of this attachment marks the resolution of a significant regulatory issue that had been pending for over six years. This development is likely to provide relief to the company and its stakeholders.

Implications and Outlook

These announcements come at a crucial time for Coffee Day Enterprises, which has been working to stabilize its operations and financial position in recent years. The share transfer to AHIH Resorts and Retreat Private Limited, while not changing the overall promoter holding, represents a significant shift in the company's ownership structure.

The resolution of the Income Tax Department's provisional attachment could potentially improve the company's financial flexibility and may be seen as a positive step towards addressing its regulatory challenges.

As Coffee Day Enterprises continues to navigate through these changes, investors and market watchers will be keenly observing how these developments impact the company's future strategies and performance in the competitive Indian café and retail sector.