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Business Standard
16-07-2025
- Business
- Business Standard
This Dolly Khanna portfolio stock is up 10% on huge volumes; details
Coffee Day Enterprises share price today: Shares of Coffee Day Enterprises hit a 10-month high of ₹39.86, as the scrip rallied 10 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes in otherwise a subdued market. In comparison, the BSE Sensex was down 0.16 per cent at 82,438 at 9:52 AM. The average trading volumes on the counter jumped nearly 10-fold. A combined 4.34 million equity shares have changed hands on the NSE and BSE. The stock price of Restaurants Company is trading at its highest level since September 2024. It has zoomed 86 per cent from its 52-week low level of ₹21.38 touched on February 24, 2025. The stock had hit a 52-week high of ₹54.43 on July 26, 2024. Dolly Khanna buys over 1% stake in Coffee Day Enterprises Investor Dolly Khanna has bought over 1 per cent stake in Coffee Day Enterprises during April to June 2025 quarter (Q1FY26). According to a shareholding pattern filed by Coffee Day Enterprises on Tuesday, July 15, 2025, reveals that Dolly Khanna held 3.28 million shares or 1.55 per cent holding in the company at the end of Q1FY26. However, Dolly Khanna held nil or less than 1 per cent stake in Coffee Day Enterprises at the end of March 2025 quarter, shareholding pattern data shows. Dolly Khanna held over 1 per cent holding in other listed companies that include GHCL, Prakash Industries, Polyplex Corporation, Talbros Automotive and Zuari Industries. Disclosures of defaults on payments of interest/repayment of principal amount Coffee Day Enterprises has reported a total default of ₹425.38 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities as NCDs and NCRPS as on March 31, 2025. Coffee Day Enterprises, which is paring its debts through asset resolution, in a regulatory update, said "the delay in debt servicing is due to liquidity crisis". Due to default in repayment of interest and principal to the lenders, the lenders have sent 'loan recall' notices to the Company as well as initiated legal disputes. In view of the loan recall notices, legal disputes and pending onetime settlement with the lenders, the company has not recognised interest from April 2021, Coffee Day Enterprises had said. Meanwhile, on May 29, 2025, in March 2025 quarter results explanatory notes, Coffee Day Enterprises said the company has entered into settlement agreement with Credit opportunities India Pte Ltd and India Special situation Scheme-I (debenture holders of the company) to settle loan at ₹205 crore in three tranches. About Coffee Day Enterprises Coffee Day Enterprises is the holding company for Coffee Day group, promoted by V GSiddhartha. The key companies of the group are –Coffee Day Global Limited (coffee business), Sical Logistics Limited (integrated logistics), Tanglin Development Limited (real estate), Way2Wealth (financial services) and Coffee Day Hotels and Resorts Limited (Hospitality).
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Business Standard
16-07-2025
- Business
- Business Standard
Dolly Khanna portfolio: New entrant restaurant stock up 10% on huge volumes
Coffee Day Enterprises share price today: Shares of Coffee Day Enterprises hit a 10-month high of ₹39.86, as the scrip rallied 10 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes in otherwise a subdued market. In comparison, the BSE Sensex was down 0.16 per cent at 82,438 at 9:52 AM. The average trading volumes on the counter jumped nearly 10-fold. A combined 4.34 million equity shares have changed hands on the NSE and BSE. The stock price of Restaurants Company is trading at its highest level since September 2024. It has zoomed 86 per cent from its 52-week low level of ₹21.38 touched on February 24, 2025. The stock had hit a 52-week high of ₹54.43 on July 26, 2024. Dolly Khanna buys over 1% stake in Coffee Day Enterprises Investor Dolly Khanna has bought over 1 per cent stake in Coffee Day Enterprises during April to June 2025 quarter (Q1FY26). According to a shareholding pattern filed by Coffee Day Enterprises on Tuesday, July 15, 2025, reveals that Dolly Khanna held 3.28 million shares or 1.55 per cent holding in the company at the end of Q1FY26. However, Dolly Khanna held nil or less than 1 per cent stake in Coffee Day Enterprises at the end of March 2025 quarter, shareholding pattern data shows. Dolly Khanna held over 1 per cent holding in other listed companies that include GHCL, Prakash Industries, Polyplex Corporation, Talbros Automotive and Zuari Industries. Disclosures of defaults on payments of interest/repayment of principal amount Coffee Day Enterprises has reported a total default of ₹425.38 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities as NCDs and NCRPS as on March 31, 2025. Coffee Day Enterprises, which is paring its debts through asset resolution, in a regulatory update, said "the delay in debt servicing is due to liquidity crisis". Due to default in repayment of interest and principal to the lenders, the lenders have sent 'loan recall' notices to the Company as well as initiated legal disputes. In view of the loan recall notices, legal disputes and pending onetime settlement with the lenders, the company has not recognised interest from April 2021, Coffee Day Enterprises had said. Coffee Day Enterprises is the holding company for Coffee Day group, promoted by V GSiddhartha. The key companies of the group are –Coffee Day Global Limited (coffee business), Sical Logistics Limited (integrated logistics), Tanglin Development Limited (real estate), Way2Wealth (financial services) and Coffee Day Hotels and Resorts Limited (Hospitality).
Business Upturn
28-06-2025
- Business
- Business Upturn
Rainbow Children's Medicare acquires majority stake in Prashanthi Hospital
By Aman Shukla Published on June 28, 2025, 14:30 IST Rainbow Children's Medicare Limited (RCML) has announced the acquisition of a majority stake in Prashanthi Medicare Private Limited, a reputed 100-bed NABH-accredited hospital in Warangal, Telangana. The acquisition marks a strategic expansion into tier-II cities and enhances RCML's presence in southern India. Established in 2015 by Dr. Prasanthi Macha, Prashanthi Hospital is recognized for excellence in obstetrics, gynecology, neonatology, pediatrics, and minimally invasive surgery. The hospital has built a strong regional reputation and continues to serve as a trusted destination for maternal and child healthcare in Warangal, Telangana's second-largest district. With this acquisition, RCML's total bed capacity increases to 2,035 across 20 hospitals in seven cities. The transaction, valued at approximately ₹32.60 crore (subject to working capital adjustments), is based on 9x estimated FY25 adjusted EBITDA and will be funded through internal accruals and cash reserves. RCML will acquire a 76% equity stake and 100% of the Non-convertible Redeemable Preference Shares (NCRPS), while Dr. Macha and associates will retain a 24% minority stake. Post-acquisition, the facility will operate under a dual brand: Rainbow Children's Hospital for pediatric services and Prashanthi with BirthRight for women's health services. The integration will support RCML's hub-and-spoke model, ensuring efficient referrals and clinical alignment with its Hyderabad tertiary care hub. Ahmedabad Plane Crash Rainbow Children's Medicare Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
18-05-2025
- Business
- Time of India
Sebi makes EBP mandatory for all private debt issues above Rs 20 crore
The securities and exchange board of India (Sebi) has tightened rules around private debt placements by making the electronic book platform compulsory for all issues of Rs 20 crore or more. The move is aimed at improving transparency and streamlining the fundraising process. Previously, the electronic book mechanism was only mandatory for issues of Rs 50 crore or more. But under the new framework, it will now apply to private placements of debt securities, non-convertible redeemable preference shares (NCRPS), and municipal bonds , including single, shelf, and follow-on issues within a financial year, as per a circular by Sebi. The regulator also widened the scope of the electronic book provider (EBP) platform to include real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), which were previously not covered under any specific regulatory framework. 'An issuer, if desirous, may choose to access EBP platform for private placement of securitised debt instruments or security receipts or commercial papers (CPs), certificates of deposit (CDs) and issuers constituted as REITs, SM REITs and InvITs can also access the EBP platform for private placement of units of REITs, SM REITs and InvITs,' the board said on Friday. Issuers must now submit the placement memorandum and term sheet at least two working days prior to the opening of the issue, or three working days in advance if they are using the EBP platform for the first time. These documents must include base issue size and any green shoe option, capped at five times the base size. Details of past green shoe allocations must also be disclosed. Sebi has also introduced provisions for anchor investors, depending on the credit rating of the instrument. Issuers can now reserve up to 30% of the issue for AAA to AA- rated instruments, 40% for A+/A-, and 50% for lower-rated ones. Anchor investors must confirm participation electronically one day before the issue, with any unconfirmed portion reallocated to the general issue. To promote fairness, Sebi said that where multiple bids are received at the same cut-off price, allotments must be made on a proportionate basis. The EBP platform is also required to publicly update bidding details and issue-related information on its website either by the end of the bidding day or by 1 PM the next day, depending on when the bidding closes. Further, new timelines have been laid out for obtaining in-principle approval from stock exchanges, by T-2 or T-3 for EBP-based issues and before the opening date for non-EBP issues. While most changes take immediate effect, Sebi said those related to anchor investors, disclosures, and reporting will take effect over the next three to six months. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
18-05-2025
- Business
- Business Standard
Sebi mandates e-book mechanism for private debt securities above Rs 20 cr
Markets regulator Sebi has made the electronic book mechanism mandatory for all private placement debt issues of Rs 20 crore or above and expanded the platform's scope to include REITs and InvITs. The move, based on recommendations from a working group and public feedback, is aimed at enhancing the efficiency of the Electronic Book Provider (EBP) platform. Under the new framework, the use of the EBP platform is now mandatory for private placements of debt securities, non-convertible redeemable preference shares (NCRPS), and municipal bonds, where the issue size is Rs 20 crore or more, including single, shelf, and subsequent issues within a financial year, according to a Sebi circular. Earlier, the mechanism was mandatory for all private placements of debt securities with an issue size of Rs 50 crore or more. Sebi has extended products on the EBP platform to infrastructure investment trusts (InvITs) and real estate infrastructure trusts (REITs). Before that, there was no specific regulatory provision. "An issuer, if desirous, may choose to access EBP platform for private placement of securitised debt instruments or security receipts or commercial papers (CPs), certificates of deposit (CDs) and issuers constituted as REITs, SM REITs and InvITs can also access the EBP platform for private placement of units of REITs, SM REITs and InvITs," Sebi said on Friday. The regulator said that issuers are required to submit the placement memorandum and term sheet -- containing key terms and conditions -- at least two working days before the issue opens, or three working days in the case of first-time users of the EBP. The documents must disclose the base issue size and any green shoe option, which is capped at five times the base size. Besides, past green shoe allocations are required to be disclosed. Depending on the credit rating of the instrument, issuers can reserve a portion of the issue -- up to 30 per cent for AAA to AA-, 40 per cent for A+/A-, and 50 per cent for others -- for anchor investors, who will have to confirm their participation electronically one day before the issue. Further, unconfirmed amounts will be reallocated to the base issue. To ensure transparency, Sebi said that if multiple bids are received at the same cut-off price, allotments must be made on a proportionate basis. The EBP is required to publicly update detailed bidding and issue-related information on its website by the end of the bidding day or by 1 PM the next day, depending on when the issue closes. Additionally, revised timelines have been introduced to obtain in-principle approval from stock exchanges before T-2 or T-3 for EBP-based issues and before the issue opens for non-EBP issues. These changes will come into effect immediately, except for certain clauses, including those related to anchor investors, disclosures, and reporting, that will be implemented three to six months from the circular's date.
