Coffee Day Enterprises Limited has made a regulatory disclosure to the National Stock Exchange of India Limited (NSE) and BSE Limited regarding fines levied for a delayed compliance filing.
The nature of the event is a fine imposition by the stock exchanges for a non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company received notices from NSE (ref: NSE/LIST-SOP/FINES/1154) and BSE, both dated 14 October 2026. Each exchange levied a fine of ₹10,000 plus 18% GST (₹1,800), resulting in a total fine payable of ₹11,800 per exchange. The fine was for a delayed submission of the voting results in XBRL format for the Annual General Meeting (AGM) held on 21 September 2026, under Regulation 44(3) of SEBI LODR.
The company states it submitted the AGM voting results and the Scrutinizer's Report in both PDF and XBRL formats to the exchanges on 22 September 2026, within the prescribed 2-working-day timeline. However, due to a network/connectivity/technical issue on the NSE portal, the XBRL filing was not successfully captured. The company received an acknowledgement only for the PDF submission. Upon becoming aware of the issue, the company completed the XBRL filing on 24 September 2026, resulting in a one-day delay.
The company characterizes this as an isolated, inadvertent occurrence and its first such instance. It has submitted a clarification and representation to the exchanges explaining the technical circumstances and has filed an application for a waiver of the fines. The waiver application is under consideration by the exchanges.
The matter was placed before the company's Board of Directors at its meeting held on 06 November 2026. The Board took note of the notices and the company's subsequent actions. The company commits to exercising due care in future submissions and strengthening its internal monitoring and escalation procedures to minimize the possibility of similar technical difficulties.
The notices from the exchanges warn that failure to pay the fines within 15 days could lead to the freezing of the entire shareholding of the promoters in the company and in other securities held in their demat accounts.
Financial Impact
The immediate financial impact is a contingent liability of ₹11,800 per exchange (₹23,600 total) for the fines. The impact is not quantified beyond the fine amount itself. The company has applied for a waiver, so the final financial impact is pending the exchanges' decision.
Capital Structure Impact
There is no direct impact on the company's capital structure disclosed. However, a failure to pay the fines could potentially lead to the freezing of promoter holdings, which is a contingent capital structure risk.