Coffee Day Enterprises has defaulted on payment of loans taken from banks and others. Total financial indebtedness of Listed Entity including short term and long term debt is Rs 489.48 crore.
The company has defaulted on loans worth Rs 280 crore taken from banks and financial institutions. The default on interest payment on these loans was Rs 1.48 crore.
Further, the total default on interest payment on loans worth Rs 200 crore raised from instruments such as NCDs and NCRPs was Rs 8 crore.
Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chained cafe segment in India.
