Coffee Day Enterprises' total default at Rs 436.06 crore in Jan-Mar qtr
Coffee Day Enterprises Ltd (CDEL) has reported a total default of Rs 436.06 crore for the quarter ending on March 31, 2023.
Its "total financial indebtedness of listed entity including short term and long term debt" is Rs 461.06 crore, the company stated in an exchange filing.
According to CDEL, its total outstanding amount is Rs 220.65 crore from loans or revolving facilities like cash credit from banks or financial institutions.
Of this, CDEL defaulted on Rs 189.87 crore as well as an interest payment of Rs 5.78 crore as of date.
The company's total outstanding from unlisted debt securities such as NCDs and NCRPS is Rs 240.41 crore. Of this, the total amount of default as of date is Rs 200 crore along with interest of Rs 40.41 crore, CDEL said.
The company is pairing its debts through asset resolutions and has significantly scaled it down from the time when the trouble started after the death of founder Chairman V G Siddhartha in July 2019.
In March 2020, CDEL announced repayin