SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 22 Nov, 2020  

Cafe.Thmb.jpg Rs 280.68 cr loan default as on Sep 30: Coffee Day's Sical Logistics

Cafe.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 23 Nov, 2020
Integrated logistics provider and part of the Coffee Day group, Sical Logistics, on Sunday said it has defaulted a sum of Rs 280.68 crore of loans taken from banks and financial institutions and interest on that.

In a regulatory filing, the city-based Sical Logistics said its total outstanding -short and long term borrowings - as on September 30, stands at Rs 913.87 crore.

Out of that, the amount of default as on date stands at Rs 280.68 crore.

According to Sical Logistics, the default amount mentioned above is excluding loan recalled amount of Rs 241.48 crore, due to non-compliance of certain covenants of the loan agreement.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter