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.