Coffee Day Enterprises Surges 10% as Dolly Khanna Acquires 1.55% Stake 4 days ago
Coffee Day Enterprises' stock hit the upper circuit on BSE, rising 10% to Rs 39.86, following news of renowned investor Dolly Khanna acquiring a 1.55% stake (32.78 lakh shares) in the company during the June quarter. This investment in the parent company of Café Coffee Day chain has sparked positive market sentiment.
Investor Dolly Khanna Acquires 1.55% Stake in Coffee Day Enterprises 4 days ago
Coffee Day Enterprises Gains Six-Month Extension on SEBI Penalty Stay Order 10 days ago
Coffee Day Enterprises Narrows Q4 Loss, Reports 7% Revenue Growth May 30, 2025
Coffee Day Enterprises Q4 Results: EBITDA Drops, Net Loss Narrows May 29, 2025
More news about Coffee Day Enterprises
19May 25
Coffee Day Enterprises Unit to Divest Magnasoft Consulting Shares for ₹23.57 Crore
A subsidiary of Coffee Day Enterprises is set to sell its stake in Magnasoft Consulting for ₹23.57 crore. The transaction is part of the ongoing restructuring efforts within the Coffee Day group. Specific details about the buyer and the exact number of shares being sold have not been disclosed. This move could impact Coffee Day Enterprises' financial position and future strategic direction, potentially aimed at streamlining operations, reducing debt, or reallocating resources.
Coffee Day Enterprises Ltd (CDEL) has reported a total default of ₹425.38 crore as of March 31, 2023, including both principal and interest payments. The default comprises ₹180.61 crore in bank loans and revolving facilities, and ₹244.77 crore in unlisted debt securities. CDEL cites an ongoing liquidity crisis for the delay in debt servicing, with lenders issuing loan recall notices and initiating legal disputes. The company has not recognized interest payments since April 2021.
18Mar 25
Coffee Day Enterprises Clears ₹205 Crore Debt, Appoints New Director
Coffee Day Enterprises Ltd (CDEL) has settled a ₹205 crore debt with debenture holders, to be paid in three tranches. The company also appointed Mrs. Sowrabhi Ramadas as a Non-Executive Director. The debt settlement includes ₹55 crore from the sale of Coffee Day Global Limited shares. These actions are part of CDEL's efforts to improve its financial position and corporate governance.
17Mar 25
Coffee Day Enterprises Settles ₹205 Crore Debt, Appoints New Director
Coffee Day Enterprises Ltd (CDEL) has agreed to settle ₹205 crore of outstanding debt with two debenture holders, to be paid in three tranches. The company partially funded this settlement with ₹55 crore from the sale of pledged shares in Coffee Day Global Limited. Additionally, CDEL appointed Mrs. Sowrabhi Ramadas as a Non-Executive Director, bringing diverse experience in marketing, entrepreneurship, and social sectors to the board.
04Mar 25
Coffee Day Enterprises Soars 20% as NCLAT Halts Insolvency Proceedings
Coffee Day Enterprises Ltd (CDEL) stock hit the upper circuit for the second consecutive day, rising 20% following the National Company Law Appellate Tribunal's decision to set aside insolvency proceedings against the company. The stock closed at Rs 30.78 on BSE and Rs 30.63 on NSE. This legal victory provides CDEL with breathing room, operational continuity, and potentially restored investor confidence. However, the company still faces challenges in addressing its underlying financial issues.
03Mar 25
Coffee Day Enterprises Shares Surge 20% as NCLAT Overturns Insolvency Proceedings
Coffee Day Enterprises Ltd (CDEL) saw its shares rise by 20% on the Bombay Stock Exchange following a favorable ruling from the National Company Law Appellate Tribunal (NCLAT). The NCLAT set aside the insolvency proceedings against CDEL, overturning a previous order by the National Company Law Tribunal. This decision nullified an insolvency plea filed by IDBI Trusteeship Services Ltd over an alleged default of Rs 228 crore. CDEL's stock price jumped to Rs 25.65, marking a 20% increase in a single trading session. The ruling is expected to improve CDEL's financial stability, boost creditor confidence, and allow the company to focus on its core operations.
24Feb 25
Coffee Day Enterprises Faces Renewed Insolvency Process as NCLAT Misses Deadline
Coffee Day Enterprises Ltd. (CDEL) is back under insolvency proceedings after the National Company Law Appellate Tribunal (NCLAT) missed the Supreme Court's February 21, 2025 deadline to pass an order. The Corporate Insolvency Resolution Process (CIRP) resumed on February 22, 2025, with the Interim Resolution Professional regaining control. This development could significantly impact CDEL's future, including its popular Café Coffee Day chain.