Sical Logistics

Yes Bank flashes red card to Cafe Coffee Day's plan to sell tech park to Blackstone Group; lender sets conditions for NOC

In August this year, the board of directors of CDEL had approved the sale of Global Village Technology Park spread of 90 acres near Bengaluru to Blackstone for up to Rs 3,000 crore.

Coffee Day Group's Sical Logistics seeks shareholders' nod to sell business undertakings to pare debt

Sical Logistics, a Coffee Day Group company, has sought shareholders' nod to sell, dispose off or hive off multiple business undertakings to pare debt

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

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