Trading in Coffee Day shares to resume from April 26
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Last Updated: Apr 18, 2021, 09:22 AM IST
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Earlier, trading in CDEL shares was suspended by the bourses for not complying with listing norms pertaining to submission of quarterly financial results.
Earlier, CDEL had reported a default on the payment of interest/repayment of the principal amount for loans.
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NEW DELHI: Debt-ridden Coffee Day Enterprises Ltd (CDEL) on Saturday said trading 0in its shares would be resumed at BSE and NSE from April 26. Revocation of suspension of trading in the equity shares of CDEL has been done by NSE and BSE vide their letter dated 16th April 2021. The trading in the securities of the company will be resumed from 26th April 2021,” CDEL, which runs Cafe Coffee Day chain, said in a BSE filing.
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NEW DELHI: Glenmark Pharmaceuticals on Saturday said its wholly-owned arm Glenmark Life Sciences has filed preliminary papers for an initial public offer with market regulator Sebi.
The offer comprises fresh issue of up to Rs 1,160 crore and an offer for sale of up to 73,05,245 equity shares of Rs 2 each of Glenmark Life Sciences Ltd, by
The board of directors of Glenmark Pharmaceuticals Ltd during its meeting on April 16 approved the offer for sale of up to 73,05,245 equity shares of Rs 2 apiece as part of the IPO.
The IPO will be subject to market conditions, receipt of applicable approvals and other considerations, the filing said.
Sebi issues notice to Fortis subsidiary in funds diversion case Fortis Healthcare confirmed that this notice was received on Friday
The Securities and Exchange Board of India (Sebi) has issued a notice to Escorts Heart Institute and Research Center Ltd a Fortis Healthcare subsidiary in a case arising from the allegations of fund diversion by the erstwhile promoters.
“Sebi has issued a notice under Rule 4 of Sebi (Procedure for holding inquiry and imposing penalties) Rules, 1995 read with Section 15-I of Sebi Act, 1992 in the matter of Fortis Healthcare Ltd to, among others, Escorts Heart Institute and Research Center Ltd (EHIRCL),” Fortis Healthcare said in a regulatory filing on Friday. Fortis Healthcare added that this notice was received on Friday.
Debt-ridden Coffee Day Enterprises Ltd (CDEL) on Saturday said trading 0in its shares would be resumed at BSE and NSE from April 26. Revocation of suspension of trading in the equity shares of CDEL has been done by NSE and BSE vide their letter dated 16th April 2021. The trading in the securities of the company will be resumed from 26th April 2021, CDEL, which runs Cafe Coffee Day chain, said in a BSE filing. Earlier, trading in CDEL shares was suspended by the bourses for not complying with listing norms pertaining to submission of quarterly financial results. The exchanges had on January 13 said CDEL has not submitted the financial results for June 2019 and September 2019 quarters and/or not paid the fine amount levied for the non-compliance, as required under the listing norms of Securities and Exchange Board of India (Sebi).
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