Coffee Day stock resumes trading

Bengaluru: Coffee Day Enterprises (CDEL) shares resumed trading on the NSE and BSE on Monday after market regulator SEBI gave a green signal for relisting.

Shares of the company last traded in February 2020 at around Rs 26. The stock was trading around Rs 47 on Monday morning.

The Coffee Day Group has been running as a “going concern” after founder VG Siddhartha’s death in July 2019. The holding company has been making efforts to raise capital from investors to pare debts.

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