Coffee Day Enterprises

Corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses.

Coffee Day Enterprises was fined Rs 260 million by the markets watchdog for failing to recover dues from a sister concern, an order published on the regulator's website showed on Tuesday.

The debt level of Coffee Day Enterprises has been reduced "significantly" to Rs 1,810 crore as on March 31, the company said in its latest annual report.

Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022.

Malavika Hegde was appointed as the CEO with immediate effect, the company said in a filing to exchanges.

Coffee Day Enterprises Limited, the owner of India's largest coffee chain, has found that its late founder routed 27 billion rupees ($360 million) out of the company through transactions first revealed in a note found after his suicide last year.

An entity linked to V.G. Siddhartha, the founder of Coffee Day Enterprises Ltd owed the coffee chain 35.35 billion rupees ($472.5 million), an investigation report released by the company showed on Friday.

An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least 20 billion rupees ($270 million) is missing from its accounts, according to people familiar with the matter.

The shares of Coffee Day Enterprises on the BSE settled at Rs 72.75 on Tuesday, lower by Rs 1.55, or 2.09 per cent, than its previous close.

Coffee Day said it entered a non-binding letter of intent with US-based private equity firm Blackstone for the sale.

Almost 36 hours after the Cafe Coffee Day owner went missing, the police recovered his body from the Netravathi river in Karnataka early on July 31.

At 12:37 pm, Cafe Coffee Day shares were locked in the lowest circuit at Rs 99.90 apiece on the BSE.

A police team has been constituted to probe the death of Cafe Coffee Day founder VG Siddhartha, Mangaluru police commissioner Sandeep Patil said on Thursday.

Coffee Day Enterprises, the operator of the Cafe Coffee Day chain, on Wednesday announced the appointment of independent director SV Ranganath as the interim chairman of its board. His appointment at the board of the company follows the death of Cafe Coffee Day founder VG Siddhartha, who was found dead on Wednesday morning, 36 hours after he went m...

Coffee Day Enterprises shares plunged 20 per cent on Wednesday. VG Siddhartha, founder of the Cafe Coffee Day chain, was found dead on Wednesday morning. The body of Mr Siddhartha, chairman and managing director of Coffee Day Enterprises, was found 36 hours after he went missing from a bridge near Mangaluru in Karnataka. Wednesday's trading session...

Corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses.

Coffee Day Enterprises was fined Rs 260 million by the markets watchdog for failing to recover dues from a sister concern, an order published on the regulator's website showed on Tuesday.

The debt level of Coffee Day Enterprises has been reduced "significantly" to Rs 1,810 crore as on March 31, the company said in its latest annual report.

Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022.

Malavika Hegde was appointed as the CEO with immediate effect, the company said in a filing to exchanges.

Coffee Day Enterprises Limited, the owner of India's largest coffee chain, has found that its late founder routed 27 billion rupees ($360 million) out of the company through transactions first revealed in a note found after his suicide last year.

An entity linked to V.G. Siddhartha, the founder of Coffee Day Enterprises Ltd owed the coffee chain 35.35 billion rupees ($472.5 million), an investigation report released by the company showed on Friday.

An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least 20 billion rupees ($270 million) is missing from its accounts, according to people familiar with the matter.

The shares of Coffee Day Enterprises on the BSE settled at Rs 72.75 on Tuesday, lower by Rs 1.55, or 2.09 per cent, than its previous close.

Coffee Day said it entered a non-binding letter of intent with US-based private equity firm Blackstone for the sale.

Almost 36 hours after the Cafe Coffee Day owner went missing, the police recovered his body from the Netravathi river in Karnataka early on July 31.

At 12:37 pm, Cafe Coffee Day shares were locked in the lowest circuit at Rs 99.90 apiece on the BSE.

A police team has been constituted to probe the death of Cafe Coffee Day founder VG Siddhartha, Mangaluru police commissioner Sandeep Patil said on Thursday.

Coffee Day Enterprises, the operator of the Cafe Coffee Day chain, on Wednesday announced the appointment of independent director SV Ranganath as the interim chairman of its board. His appointment at the board of the company follows the death of Cafe Coffee Day founder VG Siddhartha, who was found dead on Wednesday morning, 36 hours after he went m...

Coffee Day Enterprises shares plunged 20 per cent on Wednesday. VG Siddhartha, founder of the Cafe Coffee Day chain, was found dead on Wednesday morning. The body of Mr Siddhartha, chairman and managing director of Coffee Day Enterprises, was found 36 hours after he went missing from a bridge near Mangaluru in Karnataka. Wednesday's trading session...