Coffee Day revenues jump 59% to Rs 924 crore in 2022-23, debt dropsCafe market witnessing healthy growth in urban areas, says chairman Ranganath
IDBI Trusteeship files insolvency resolution application against Coffee Day EnterprisesAres SSG Capital Management has filed an application for corporate insolvency of Coffee Day Enterprises (CDEL) due to a bond default. CDEL'...
NFRA fines auditors ₹1.1 crore for lapses in Coffee Day unit caseThe National Financial Reporting Authority (NFRA) has fined a firm and two auditors a total of Rs 1.10 crore for lapses in auditing the boo...
NFRA slaps Rs 1.10 crore fine on three entities in Coffee Day Enterprises subsidiary matterThe regulator said it has taken a stern action against the three entities for professional misconduct and failure to report irregularities ...
NFRA slaps Rs 1.10 crore fine on three entities in Coffee Day Enterprises subsidiary matterThe National Financial Reporting Authority (NFRA) has fined three entities, including two individual auditors, a total of Rs 1.10 crore for...
Coffee Day Global case: NFRA slaps Rs 2.15 cr fine, imposes ban on 2 auditors, 1 audit firmIn its probe, NFRA found that the auditors (ASRMP & Co, Sundaresha and Madhusudan) failed to exercise professional judgement and scepticism...
Coffee Day Enterprises' total default at Rs 440.25 crore in April-June quarterCoffee Day Enterprises has defaulted on loans and interest payments worth Rs 195.48 crore in Q1 2023. The company's total financial debt, i...
Coffee Day Global, MACEL audit lapses: NFRA slaps Rs 1.25 cr fine, imposes ban on 4 auditors, 1 audit firmThey falsely reported the financial statements of CDGL and MACEL for the FY 2018-19, and did not give a true and fair view of the financial...
Coffee Day Enterprises' total default at Rs 436.06 crore in January-March quarterCoffee Day Enterprises Ltd (CDEL) has reported defaulting a total of Rs 436.06 crore as of March 31, 2023, and its "total financial indebte...
Coffee Day Enterprises fund diversion case: Sebi imposes Rs 1 cr fine on Mysore Amalgamated CoffeeSebi has imposed a penalty of INR 1 crore on Mysore Amalgamated Coffee Estates for aiding and abetting Coffee Day Enterprises in the divers...
Sebi slaps Rs 26 crore fine on Coffee Day EnterprisesVG Siddhartha, who was the Chairman of the Coffee Day Group, had reportedly committed suicide in July 2019. It was reported that he had lef...
Regulator imposes Rs 26 crore fine on Coffee DayCoffee Day Enterprises, in consultation with the NSE, would have to appoint an independent law firm to take effective steps for recovery of...
Significant reduction in debt burden to Rs 1,810 cr till March 31: Coffee Day EnterprisesFollowing a circular from market regulator SEBI, CDEL on April 6, 2022, had made a disclosure of defaults on payments of interest and repay...
Debt reduced significantly, management working on bringing firm back on track: Coffee Day Enterprises"The total loan funds stood at Rs 1,779 crore which comprises of long-term borrowings of Rs 1,263 crore and short-term borrowings of Rs 516...
A year after VG Siddhartha's death, wife Malavika Hegde takes charge of Coffee Day as new CEOThe appointment is for five years, effective from December 31, 2020.
Siddhartha's private firm in probe spotlight, responsible for missing Rs 3,500 cr from Coffee DayAs per the report, MACEL owes a sum of Rs 3535 crore to the subsidiaries of CDEL as on 31st July, 2019. Out of which, Rs 842 crore was due ...
Clean chit to tax dept, PE investors; probe likely to flag Rs 4,000 cr hole in books of Coffee DayAs much as Rs 3,500-4,000 crore was missing from the books of the listed Coffee Day Enterprises due to these transactions, the probe is lik...