Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedings - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedings

Lenders are hoping to recover at least one-fourth of their dues from the company which began facing a liquidity crunch after the sudden demise of promoter VG Siddhartha in July 2019. Sical Logistics received 26 expressions of interest although only four entities submitted firm resolution plans.

from Industry-Economic Times
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