Coffee Day Enterprises has informed that, the Company at its Board Meeting held today i.e., March 30th 2017, has approved draft disclosure documents for issue of rated, unlisted, secured, redeemable, non-convertible debentures of Rs 1500 million on private placement basis. The above mentioned issue of NCDs is for the purpose of replacing the existing debt.
The above information is a part of company’s filings submitted to BSE.