Coffee Day Enterprises Ltd. News and Updates

Keep track of all breaking news on Coffee Day Enterprises Ltd. from all sources in a single place.

01 Dec 2024

28.33

4.96%

Auditing of companies has improved in last 3-4 years: NFRA Chairperson

Business Standard

Auditing of companies have improved in the last three to four years, NFRA chief Ajay Bhushan Prasad Pandey has said and highlighted the need for board as well as audit committee members to engage with auditors which will help in raising red flags and prevent possible corporate failures. The National Financial Reporting Authority, constituted in October 2018 under the companies law, has passed more than 80 orders, including in Cafe Coffee Day, DHFL and a few other large cases, for lapses that led to corporate failures. At the helm of the watchdog for more than two years, Pandey told PTI in an interview that many of the auditors were doing and are doing a good job. "Overall, auditing of companies has improved over the last 3-4 years," the NFRA Chairperson said. However, he noted that there is a certain section among the auditors and among the board members who were not that sensitive and alert due to which there have been many corporate failures. "People should be aware that these ar

Coffee Day Enterprises Ltd. is trading above its 30 day SMA of 26.4

Coffee Day Enterprises Ltd.

03 Sep 2024

28.33

4.96%

Cafe Coffee Day presence shrinks to 141 cities in FY24

Business Line

The National Company Law Appellate Tribunal halted the insolvency proceedings against the company

Coffee Day Enterprises Ltd. has lost -43.68% in the last 1 Year

Cafe Coffee Day Outlets Drop To 450, Vending Machines Surge To 52,581 In FY24

NDTV Profit | 03 Sep 2024 1 more

Coffee Day Enterprises Ltd.

10 Aug 2024

28.33

4.96%

NCLT okays insolvency proceedings against Cafe Coffee Day's parent company over Rs 228 crore default

Business Today

The Bengaluru bench of the NCLT (National Company Law Tribunal) on August 8 admitted the plea filed by IDBI Trusteeship Services Ltd (IDBITSL) claiming a default of Rs 228.45 crore and appointed an interim resolution professional to take care of the operation of the debt-ridden company.

Coffee Day Enterprises Ltd. has gained 26.47% in the last 1 Month

Coffee Day Enterprises Ltd.

05 Feb 2024

28.33

4.96%

Strata acquires Cafe Coffee Day headquarters in Bengaluru

Moneycontrol

The space has a total built-up area of over 1 lakh sq ft, and each floor measures approximately 9,000 sq ft.

Coffee Day Enterprises Ltd. has gained 26.47% in the last 1 Month

Coffee Day Enterprises Ltd.

16 Aug 2023

28.33

4.96%

Rare ARC seeks to aggregate Coffee Day Global loans

Economic Times

Rare Asset Reconstruction Company plans to become the top lender by buying Cafe Coffee Day chain operator's loans. Rare ARC is said to have offered to pay upfront 60-65% of the outstanding dues. Last week, Rare ARC acquired a loan of Coffee Day Global worth Rs 110.4 crores for Rs 68 crore. CCD has a debt of Rs 960 crores as of 2022.

Coffee Day Enterprises Ltd. has gained 26.47% in the last 1 Month

Coffee Day Enterprises Ltd.

11 Aug 2023

28.33

4.96%

NCLAT Chennai stays NCLT Bengaluru order on Cafe Coffee Day, stock surges 2%

Business Today

Malavika Hegde, the suspended Director of CDGL and wife of late VG Siddhartha, moved the Chennai bench of NCLAT against the NCLT order.

Coffee Day Enterprises Ltd. is trading below its 50 day SMA of 28.6

Coffee Day Enterprises Ltd.

27 Jul 2023

28.33

4.96%

Cafe Coffee Day parent's bankruptcy: What's brewing at Cafe Coffee Global? All about coffee day enterprises' troubles

livemint

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.