Coffee Day Enterprises has informed that in the aftermath of the unfortunate demise of VG Siddhartha, Promoter and former Chairman and Managing Director of the Company, several speculations have been floating in the media with regard to the Debt Position of the Company and its subsidiaries. The management of the Company has decided to come out with a Press Release clarifying the Debt Position of the Company. A copy of the Press Release is attached for your information and records.
The above information is a part of company’s filings submitted to BSE.
