Coffee Day Enterprises Limited — Important, 09-02-2025: General Updates

IDBI Trusteeship Services Ltd has approached the Supreme Court, which has instructed the NCLAT in Chennai to resolve the pending appeal by February 21, 2025. If the appeal is not addressed by then, the Appellate Tribunal’s prior decision will be vacated automatically. Ongoing arguments at the NCLAT are taking place alongside negotiations for a settlement between the involved parties. The acceptance of the settlement proposal is contingent upon final approval from both sides and necessary documentation. The Company emphasizes that it will undertake all requisite actions that align with its best interests moving forward. Watch closely for developments in this matter, as they could impact the company's operations and outlook.