Coffee Day Enterprises

Coffee Day Enterprises News

Explained: Why SEBI has slapped a Rs 26 crore fine on Coffee Day Enterprises
India

Explained: Why SEBI has slapped a Rs 26 crore fine on Coffee Day Enterprises

SEBI found diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of Coffee Day Enterprises Ltd (CDEL) to Mysore Amalgamated Coffee Estates Ltd, an entity related to promoters of CDEL

Coffee Day investigation reveals about Rs 2,000 cr missing from firm's accounts after death of VG Siddhartha; report likely to be released soon
Business

Coffee Day investigation reveals about Rs 2,000 cr missing from firm's accounts after death of VG Siddhartha; report likely to be released soon

Over a hundred-page draft report, which is expected to be released soon, mentioned about the financial transactions of Coffee Day and its dealings with dozens of private companies owned by Siddhartha.

Blackstone pays first tranche of Rs 150 cr for acquiring Coffee Day's technology park, remainder to be paid in a year
Business

Blackstone pays first tranche of Rs 150 cr for acquiring Coffee Day's technology park, remainder to be paid in a year

After Blackstone made the payment, it is expected that CDEL's working capital situation may improve and the majority of the proceeds may be utilised to bring down the overall debt of the company.

Coffee Day Enterprises to table probe report on alleged suicide of founder VG Siddhartha soon
Business

Coffee Day Enterprises to table probe report on alleged suicide of founder VG Siddhartha soon

VG Siddhartha was confirmed dead on 31 July, 2019 after his body was found in the Netravati river in Dakshina Kannada district of Karnataka, a day after he went missing

BSE, NSE to suspend trading in Coffee Day Enterprises, CG Power from 3 February for not complying with listing norms
Business

BSE, NSE to suspend trading in Coffee Day Enterprises, CG Power from 3 February for not complying with listing norms

Leading stock exchanges BSE and NSE will suspend trading in shares of cafe chain operator Coffee Day Enterprises and fraud-hit CG Power and Industrial Solutions from 3 February for not complying with listing norms pertaining to submission of quarterly financial results

Coffee Day Enterprises seeks lenders nod for completion of deal to sell Global Village Tech Park to Blackstone
Business

Coffee Day Enterprises seeks lenders nod for completion of deal to sell Global Village Tech Park to Blackstone

Coffee Day Enterprises is seeking its lenders's nod for the completion of the deal to sell Bengaluru-based Global Village Tech Park to global investment firm Blackstone and realty firm Salarpuria Sattva at an enterprise value of Rs 2,700 crore, the company said on Wednesday

Coffee Day Enterprises reports multi-fold jump in net profit at Rs 1,567 cr thanks to Mindtree disinvestment
Business

Coffee Day Enterprises reports multi-fold jump in net profit at Rs 1,567 cr thanks to Mindtree disinvestment

The company, which runs Cafe Coffee Day chains, had reported a profit of Rs 21.06 crore for April-June period a year ago

Blackstone Group all set to buy Cafe Coffee Day's Global Village Tech Park; firm's debt to come down by more than half post-deal
Business

Blackstone Group all set to buy Cafe Coffee Day's Global Village Tech Park; firm's debt to come down by more than half post-deal

Accordingly, Blackstone and South-based developer Salarpuria Sattva will acquire the 90-acre, technology park held by subsidiary, Tanglin Retail Realty.

Coffee Day Enterprises says deleveraging assets to ensure liquidity position of the company
Business

Coffee Day Enterprises says deleveraging assets to ensure liquidity position of the company

Coffee Day Enterprises Ltd (CDEL), whose long-term rating has been recently downgraded to 'D' by credit rating agency ICRA, is "deleveraging its assets" for debt reduction and to ensure liquidity position for the company

Coffee Day Group's Sical Logistics exploring strategic alternatives to reduction Rs 1, 488 cr debt
Business

Coffee Day Group's Sical Logistics exploring strategic alternatives to reduction Rs 1, 488 cr debt

Sical Logistics on Thursday said it has an external debt of Rs 1,488 crore, which has been secured by the personal guarantees of late Coffee Day Group promoter VG Siddhartha, and "strategic alternatives" are being worked out to deleverage the company

Coffee Day sale of non-core businesses, rise in July industrial production; all this and more on Moneycontrol Pro
Business

Coffee Day sale of non-core businesses, rise in July industrial production; all this and more on Moneycontrol Pro

The bulk of the selling in the Coffee Day Enterprises stock seems to be over, with the shares hitting the upper circuit for the last three days

Coffee Day Enterprises ropes in ex-CBI official to scrutinise books of accounts; harassment charges to be probed
Business

Coffee Day Enterprises ropes in ex-CBI official to scrutinise books of accounts; harassment charges to be probed

Earlier, Coffee Day Enterprises had appointed global accounting firm EY to scrutinise the books of accounts of the company and its subsidiaries.

Coffee Day Enterprises to sell its Bengaluru tech park to Blackstone for up to Rs 3,000 cr to cut debt
Business

Coffee Day Enterprises to sell its Bengaluru tech park to Blackstone for up to Rs 3,000 cr to cut debt

Cafe chain operator Coffee Day Enterprises on Wednesday announced the sale of its Global Village Tech Park in Bengaluru to Blackstone for up to Rs 3,000 crore to cut its debt

CCD board meeting: Coffee Day Enterprise appoints EY to scrutnize book of accounts; investigate into VG Siddhartha purported letter
Business

CCD board meeting: Coffee Day Enterprise appoints EY to scrutnize book of accounts; investigate into VG Siddhartha purported letter

Coffee Day Enterprises on Thursday said it has appointed global accounting firm EY to scrutinize the books of accounts of the company and its subsidiaries

Coffee Day shares tank over 48% in 4 days; market valuation eroded by Rs 1,957 crore to Rs 2,110 cr
Business

Coffee Day shares tank over 48% in 4 days; market valuation eroded by Rs 1,957 crore to Rs 2,110 cr

Coffee Day Enterprises on Wednesday named independent director SV Ranganath as the interim chairman of the company to replace its founder VG Siddhartha, who was confirmed dead, days after he went missing.

Coffee Day Enterprises shares tank another 10%; hit lowest trading permissible limit for third day
Business

Coffee Day Enterprises shares tank another 10%; hit lowest trading permissible limit for third day

Shares of Coffee Day Enterprises further plummeted 10 percent to hit its lowest trading permissible limit for the day on Thursday as investor sentiment remained hit for the third consecutive trade amid a slew of negative news surrounding the company

VG Siddhartha dead: CCD appoints SV Ranganath as interim chairman of company board, Nitin Bagmane as COO
Business

VG Siddhartha dead: CCD appoints SV Ranganath as interim chairman of company board, Nitin Bagmane as COO

After the sudden tragic demise of the company founder VG Siddhartha, the CCD (Cafe Coffee Day) appointed Nitin Bagmane as an interim chief operating officer of the company

Coffee Day Enterprises shares further plummet 20%; hit lowest trading permissible limit
Business

Coffee Day Enterprises shares further plummet 20%; hit lowest trading permissible limit

Shares of Coffee Day Enterprises Ltd dropped 20 percent on Tuesday also after reports surfaced that Siddhartha has gone missing.

Cafe Coffee Day crisis: Private equity players, independent directors under Sebi scanner
Business

Cafe Coffee Day crisis: Private equity players, independent directors under Sebi scanner

Sebi is also looking at the trading pattern in the company shares and the disclosures made by the company to check any lapses