Coffee Day Enterprises puts Sical Logistics unit on sale to pare debt
This development comes less than a month after CDEL, owner of cafe chain Cafe Coffee Day, sold Global Village Tech Park to Blackstone. The company has been trying to divest its assets to pare its debts since the death of its founder, VG Siddhartha.
Last Updated: September 9, 2019 | 13:09 IST
Last month, CDEL claimed that the group's total debt stood at Rs 4,970 crore