Coffee Day Enterprises Settles Outstanding Debt of Rs 205 Crores

Coffee Day Enterprises Ltd has approved the draft Settlement Agreement to settle the outstanding debt of two debenture holders for an amount of Rs 205 crores. The settlement is payable in three tranches, which includes the amount realized on sale of 12.41% of the pledged and invoked shares of Coffee Day Global Limited owned by the Company, by the lender to a third party for Rs. 55 crores. The draft settlement agreement was approved by the Audit Committee and the Members of the Board in their meeting held on March 17, 2025. This settlement ensures the debt reduction commitment of the Company and its subsidiaries in the interest of all stakeholders. The company remains committed to fulfilling its obligations and ensuring long-term value creation for stakeholders.