Coffee Day subsidiary secures INR 40 crore debt settlement

Coffee Day Global Limited (CDGL), a material subsidiary of Coffee Day Enterprises, has received in-principle approval for a One Time Settlement (OTS) with RARE Asset Reconstruction Company Limited. This settlement, totaling INR 40,00,00,000, aims to resolve all outstanding dues assigned by Karnataka Bank Limited, RBL Bank Ltd, and Kotak Mahindra Bank Limited.

The settlement terms outline two tranches for payment. An immediate payment of INR 25,00,00,000 is proposed upon acceptance of the OTS, to be financed through the sale of mortgaged land. The remaining balance of INR 15,00,00,000 is payable within one year from the date of OTS acceptance.

This arrangement is subject to final approval and documentation. The announcement was disclosed by Coffee Day Enterprises on December 27, 2025.