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Global Village Tech Park Sale

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Coffee Day Enterprises' sale of Bengaluru tech park: Debt to fall from Rs 3,472 crore to Rs 1,000 croreCoffee Day Enterprises' sale of Bengaluru tech park: Debt to fall from Rs 3,472 crore to Rs 1,000 crore

Coffee Day Enterprises’ sale of Bengaluru tech park: Debt to fall from Rs 3,472 crore to Rs 1,000 crore

As per the filing, total debt of Coffee Day Enterprises as on July 31, 2019 was Rs 3,472 crore. The company said its arm Sical Logistics has also been working on divestment of certain assets and that adjustments to the proceeds from the sale Global Village Tech Park in Bengaluru to Blackstone will lead to its debt dropping to Rs, 1000 crore

NEWS Aug 18, 2019, 12:23 PM IST