Coffee Day Enterprises: Share transfer to AHIH Resorts, tax attachment withdrawn

Coffee Day Enterprises Limited reported on September 24, 2025, that its chief executive, Malavika Hegde, will transfer 9,828,451 shares, representing 4.65% of the total paid up capital, to AHIH Resorts and Retreat Private Limited. This transfer, approved on September 23, 2025, and to occur by September 27, 2025, will make AHIH Resorts and Retreat Private Limited part of the promoter group, in accordance with a DRT order and SEBI ICDR 2018 regulations. Despite the transfer, the overall shareholding of the promoter and promoter group will remain unchanged.

In a separate development, Coffee Day Enterprises announced the withdrawal of a provisional attachment by the Income Tax Department on its shares. This attachment, initially disclosed on February 15, 2019, under section 281B of the Income Tax Act 1961, has now been removed, as confirmed by an intimation received by the company.