Coffee Day Enterprises' total default rises to Rs 434 crore in December quarter - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Coffee Day Enterprises' total default rises to Rs 434 Cr in December quarter yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
According to CDEL, its total outstanding amount is Rs 189.14 crore from loans or revolving facilities like cash credit from banks or financial institutions
Get latest articles and stories on Latest News at LatestLY. Coffee Day Enterprises Ltd (CDEL) on Thursday reported a total default on payments of loans' principal and interest amount of Rs 433.91 crore for the September 2023 quarter. Latest News | Coffee Day Enterprises' Total Default at Rs 433.91 Cr in Jul-Sep Quarter.
Coffee Day Enterprises, the parent company of Cafe Coffee Day, is facing financial difficulties and has been admitted for insolvency proceedings by the National Company Law Tribunal. The company is awaiting a formal order and plans to take legal action. The stock fell over 19% following the news.