Jul 04, 2022 04:01 PM
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Coffee Day Enterprises Limited owns and operates coffee cafes in India. The company primarily operates cafe chain outlets under the Cafe Coffee Day (CCD), The Lounge, and The Square brand names. It is also involved in the retail sale of coffee beans and powder for household consumption, restaurants, and eateries through Coffee Day Fresh & Ground outlets; and operation of kiosks under the Coffee Day Xpress brand, as well as vending machines under the Coffee Day Beverages brand. In addition, the company engages in coffee trading, as well as procuring, processing, roasting, and retailing coffee products across various formats. It exports its coffee beans primarily to Europe, Japan, and the Middle East. etc. Coffee Day Global Limited`s flagship cafe chain brand Cafe Coffee Day (CCD) owns 1722 cafes in 245 cities and 532 CCD Value Express kiosks. The coffee beans and powder are marketed through 403 Fresh and Ground Coffee retail stores. There are 47,747 vending machines that dispense coffee in corporate workplaces and hotels under the brand. The division serves more than 2 billion cups of coffee per annum. Internationally, CCDs are present in Vienna, Czech Republic, Malaysia Nepal and Egypt. While the coffee business is the main business of Coffee Day Enterprises Limited, it also has presence in logistics, financial services, leasing commercial space and hospitality businesses. The company is present in the logistics sector through its subsidiary Sical Logistics Limited (SLL) in which we own a majority equity share of 52.83%. Way2Wealth Securities Private Limited, one of the group companies, is present in the financial services sector. Coffee Day Enterprises Limited holds an 85.53% equity stake in Way2Wealth Securities Private Limited. Way2Wealth Securities Private Limited is a retail-focused investment advisory company. It provides wealth management, broking, portfolio management and investment advisory services. Coffee Day Enterprises` wholly-owned subsidiary, Tanglin Developments Limited was set up for the development of technology parks and Special Economic Zones, offering bespoke facilities for information technology and IT-enabled services. The Company is developing and operating a Special Economic Zone/technology park in Global Village situated in Bengaluru, Karnataka, and Tech Bay situated in Mangaluru, Karnataka. Coffee Day Enterprises owns and operates luxury boutique resorts, one directly through our Company, and two through our wholly-owned subsidiary, Coffee Day Hotels & Resorts Private Limited (CDHRPL), under the brand The Serai `. These resorts are located at Chikmagalur, Bandipur and Kabini, all in Karnataka. The Company also with management control holds a minority interest in a luxury resort in the Andaman and Nicobar islands. As on 31st March 2018, Coffee Day Enterprises Limited had 45 subsidiaries (including indirect subsidiaries), 3 Associate Companies and 3 Joint Ventures. Coffee Day Enterprises Ltd was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on February 1, 2008 under the name Coffeeday Holding Co. pursuant to a deed of partnership, having V.G. Siddhartha, Malavika Hegde, S.V. Gangaiah Hegde, Vasanthi Hegde, Sivan Securities (Mangalore) Private Limited (now known as `Gonibedu Coffee Estates Private Limited`), Coffee Day Consolidations Private Limited and Global Technology Ventures Limited (now known as `Coffee Day Trading Limited`) as partners. Coffeeday Holding Co. was thereafter converted from a partnership firm to a private limited company under Part IX of the Companies Act, 1956, as Coffee Day Holdings Company Private Limited and a fresh certificate of incorporation was issued by the RoC on June 20, 2008. The name of the Company was changed to Coffee Day Resorts Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on January 25, 2010. Subsequently, the name of the Company was changed to Coffee Day Enterprises Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on August 6, 2014. The Company was converted into a public limited company consequent to a special resolution passed by our Shareholders at the EGM held on January 17, 2015 and the name of our Company was changed to Coffee Day Enterprises Limited. A fresh certificate of incorporation consequent upon conversion to public limited company was issued by the RoC on January 21, 2015. In October 2015, the company successfully completed an initial public offering (IPO). The IPO of the Company received an overwhelming response from the investors and the public issue was oversubscribed thereby making this IPO a successful one. Shares of the company were listed on both BSE and NSE on 2 November 2015. The equity shares of Rs.10/- each were issued at a price of Rs.328/- per share. During the financial year ended 31 March 2016, some of the noteworthy highlights of the company`s Coffee and Cafe Chain Division were opening up the Home Delivery segment, launching a new mobile app to build loyalty and engagement, introducing new food and beverages, reaching and energising the Tier 3 markets of India and entering into a JV with WMF - the world`s leading coffee machine manufacturer. During the year under review, the company`s financial services division launched a robotics-assisted advisory model for customers, which provides detailed financial planning and asset allocation advice online. It also developed InsureCorrect.com, a comprehensive end-to-end retail insurance products portal. Among the financial highlights of Technology Parks division, Tanglin has moved to the occupancy of 3.2 million sqft from 2.91 million sqft of the same time last year. An additional 700K sqft is constructed and will be progressively occupied During the financial year ended 31 March 2017, the company sought shareholders approval in the Annual General Meeting for issuance of NCD`s for an amount not exceeding Rs.550 Crores. On 11th March 2017 the Board of Directors at its meeting issued NCD`s for an amount of Rs.290 Crores for Identifiable Investors and on 30th March 2017 the Board of Directors at its meeting issued NCD`s for an amount of Rs.150 Crores for the purpose of restructuring its existing debts. The Scheme of Amalgamation between Coffee Day Overseas Private Limited with Coffee Day Enterprises Limited was approved by the Board of Directors at the Meeting held on 11th August, 2016 and the approvals were sought from all the respective authorities viz; Competition Commission of India, Bombay Stock Exchange, National Stock Exchange of India Limited (Designated Stock Exchange) and vide the National Company Law Tribunal Order dated 2nd February 2017, ordered a Shareholders Meeting on 10th March 2017 and the same was passed with requisite majority approving the merger. The Regional Director (RD) of Hyderabad issued the order dated 30 January 2018 and approved the merger of Coffee Day Global Limited (Material Subsidiary`) and its subsidiary Companies, namely Amalgamated Holdings Limited, Coffee Day Properties (India) Private Limited and Ganga Coffee Curing Works Limited.
|AGM Date (Month)||:||Dec|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:|