Coffee Day Enterprises Limited — Pledging, 30-07-2025: Pledge/Unpledge

Coffee Day Enterprises: Promoters have unpledged a significant block of shares. The promoter group's overall pledged holding has reduced by 3.75 lakh shares. This includes 2 lakh shares belonging to Late V.G. Siddhartha's holding (managed by Malavika Hegde), which were unpledged from HDFC Bank. These shares were previously pledged against borrowings by group companies. A reduction in pledged shares is typically viewed as a positive development for investors, as it lessens the financial burden on promoters.