The company had posted a net profit of Rs 21.06 crore in the April-June quarter a year ago
Bagamane was appointed as Interim Chief Operating Officer and member of the Executive Committee of the Coffee Day Enterprises Ltd (CDEL) last year in July
Capital, Bharti Infratel, Coffee Day Resorts and Max Financial Services, this is its largest investment in Asia
Siddhartha was confirmed dead on July 31, 2019 after his body was found in the Netravati river in Dakshina Kannada district of Karnataka
The company had a consolidated net profit of Rs 23.83 crore in the year-ago period
From criminal offences in the Companies Act being slated to be slashed to banks possibly taking a majority stake in DHFL, here are the top business headlines for Monday
Subsidiary Sical Logistics is eyeing a pact with institutions soon to raise debt capital
To find the suitable buyers, the proposal has to be approved by the company's shareholders, Sical Logistics said in a regulatory filing to BSE
Financial services' revenue was at Rs 67.18 crore, down 47.71 per cent from Rs 128.48 crore in the year-ago period
The company board had recently approved the sale of prime real estate property GV Tech Park as part of efforts to raise funds for paring the debt
On August 14, CDEL had announced its intent to sell Global Village Tech Park to Blackstone for a valuation of Rs 2,600 crore-Rs 3,000 crore
IDFC Securities would also advise on refinancing of existing debt and raising additional facilities to repay debt in CDEL
Audit firm EY which was earlier given the task opted out owing to certain conflict of interest
Coffee Day is under pressure to pare borrowings after its founder V G Siddhartha took his own life as debt strains began to emerge in his companies
Besides Coffee Day, the group's another listed firm, Sical Logistics, is looking to divest its assets to pare debt
After the demise of Coffee Day founder V G Siddhartha last month, this is the first time the group gave a clear picture of its overall debt position
Experts say the 18-35 age group is among the key target groups of coffee chains in India
Last month, Income Tax Department had attached 74.90 lakh shares of Mindtree, in which 22.20 lakh shares belonged to Coffee Day Enterprises and 52.70 lakh shares belonged to its promoter Siddhartha
Interview with Group president, marketing, Coffee Day Group