HomeTagsIDBI trusteeship

Tag: IDBI trusteeship

IDBI Trusteeship: Cafe Coffee Day...

MUMBAI: Coffee Day Enterprises is likely...

IDBI Trusteeship: Cafe Coffee Day may stave off bankruptcy by settling dues

MUMBAI: Coffee Day Enterprises is likely to initiate a settlement with IDBI Trusteeship, which has initiated bankruptcy proceedings against the beleaguered beverage chain to recover dues on behalf of bondholders.Coffee Day, in a regulatory filing to the stock exchange on September 8, said that IDBI Trusteeship had filed a case against the company for recovery of Rs 228 crore. On Monday, shares of the company fell 14.6% to Rs 45 apiece following the news of the bankruptcy proceedings.Lenders expect that the company would come forward for a settlement...

Karl Jörg - September 11, 2023

Business Profiles

IDBI Trusteeship: Cafe...

MUMBAI: Coffee Day Enterprises is likely to initiate a settlement with IDBI Trusteeship, which has initiated bankruptcy proceedings against the beleaguered beverage chain...

Karl Jörg - September 11, 2023

About Us

This website and all of the contents are property of Chrysolite Media Network Pvt. Ltd. Images, content and any other material may not be copied or reproduced without first obtaining written permission from Chrysolite Media Network Pvt. Ltd.