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Coffee Day Enterprises LimitedImportant, 19-05-2025: General Updates

19-05-2025 | 12:38 pm

Coffee Day Trading Limited is selling its 47.49% stake in Magnasoft Consulting India Private Limited (2.62 Cr shares) at Rs.9 per share, valuing the deal at Rs.23.57 Cr. The sale to Innovic Management Services aims to unlock cash from non-core assets, potentially boosting group liquidity without affecting management control.

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