Sical Logistics

Sical Logistics defaults on Rs 281 crore loan and interest to lenders

Default amoubt excludes a recalled borrowing of Rs 241.48 crore, due to non-compliance of certain covenants of the loan agreement

Coffee Day expects YES Bank nod to Global Tech Park deal in 10 days

Subsidiary Sical Logistics is eyeing a pact with institutions soon to raise debt capital

Focus will be on express, last-mile biz, not cold chain: AllCargo's Shetty

The chairman of AllCargo Logistics says his aim is is to double the margin in the express segment to 10%

Sical Logistics seeks shareholders' nod to sell or hive off business units

The price of the assets and businesses would be based on valuation and the company might look either at strategic sale or slump sale, whichever worked better for it and its shareholders

Coffee Day's Sical Logistics seeks shareholder nod to sell biz undertakings

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

CCD sees better working capital flows but no moratorium on loan repayments

In September, CDEL decided to sell the Global Village Tech Park to private equity major Blackstone and realty firm Salarpuria Sattva Group for Rs 2,700 crore

CCD promoter's death led to liquidity crisis, impacting Q2 results: Sical

The company has reported a pre-tax loss of Rs 43.19 crore for the quarter ended September 30, 2019, compared with a Rs 7.77-crore profit before tax during the same quarter last year

Strategic alternatives being explored to reduce Rs 1.5K-cr debt: Sical

The Coffee Day Group company, which runs port terminals and container freight stations, took the decision to deleverage at its board meeting held on August 2

Sical Logistics hits 5% upper circuit on reports Coffee Day may sell stake

After its founder VG Siddhartha's death in July, promoters of the coffee chain have been exploring possibilities of inducting an investor in the debt-laden company.

Top 10 biz headlines: No GST relief for auto cos, opposition to RCEP & more

From chances of the auto industry having to wait longer for a GST rate cut on cars to Maruti Suzuki planning to lease 100 sales outlets to car dealers, here are the top business headlines for Monday

Coffee Day Group's Sical Logistics seeks one-time moratorium from lenders

Sical has been working on the divestment of certain assets and the proceeds from divestment are expected to significantly reduce the company's debt

CCD crisis: Sical to deleverage firm, subsidiaries after Siddhartha's death

Tanglin Retail Reality Developments, part of the group, has a 50.2 per cent stake in the logistics and supply chain solutions company

Sical Logistics surges 14% on fund raising plan through preferential issue

The board of directors of the company will be meet on September 7, 2018, to consider raising funds through issue of equity shares on a preferential basis.

Sical Logistics rallies over 15% on heavy volumes

The stock rallied 15% to Rs 274, also its 52-week high, surging 22% in past two trading sessions.

Sical Logistics to raise Rs 100 crore through NCDs

Kotak Mahindra Bank to redeem the debentures it holds now