Why BSE, NSE Decided To Suspend Trading In Coffee Day Enterprises | Know Everything In Detail

Bombay Stock Exchange Ltd. and National Stock Exchange will suspend trading in the shares of "COFFEE DAY ENTERPRISES Ltd." from Feb. 3 for not complying with SEBI's listing norms pertaining to the submission of quarterly financial results.
BSE,NSE to suspend trading in coffee day

Will NSE and BSE  surely suspend trading in "COFFEE DAY ENTERPRISES Ltd."?

No, if trading will not be suspended if these companies comply with the listing norms on or before Jan. 29.
Consequently, trading in securities of these companies will be suspended with effect from Feb.3,2020, on account of non-compliance with regulation 33 of SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS).
Regulation 33 pertains to submission of financial result.

What's the status now?

The entire promoter shareholding of the firm has been frozen since Jan.10, till further notice.
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