
Loan & Debt22 Sept 2026, 04:40 pm
Kohinoor Foods completes One-Time Settlement payment
AI Summary
Kohinoor Foods Ltd has successfully completed the payment of its revised One-Time Settlement proposal, sanctioned under a Revive Plan by its consortium lenders. This significant step in financial restructuring included the applicable delayed interest. The company has received "No Dues Certificates" from all lenders, with the final one from Indian Bank on September 22, 2026. A consolidated "No Objection / Dues Certificate" from the consortium is still awaited. This development is expected to strengthen the company's financial position and boost stakeholder confidence, as it continues to focus on sustainable growth.
Key Highlights
- Completed One-Time Settlement payment under Revive Plan.
- Received No Dues Certificates from all lenders.
- Final certificate from Indian Bank received on Sep 22, 2026.
- Awaits consolidated No Objection/Dues Certificate from lenders.
- Strengthens financial position and enhances stakeholder confidence.
Price Impact
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