Coffee Day Enterprises settles ₹70 Crore loan with Axis Bank via OTS
Coffee Day Enterprises Limited has entered into a One Time Settlement (OTS) with Axis Bank Limited for its outstanding loan amounting to ₹70 Crores. This strategic move aims to reduce the company's ov...
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Why is Coffee Day Enterprises Limited in the news today?
Coffee Day Enterprises Limited (COFFEEDAY) is in the news due to the one time settlement with axis bank is a positive development as it aims to reduce the company's debt liability, which is generally viewed favorably by investors.
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Coffee Day Enterprises settles ₹70 Crore loan with Axis Bank via OTS
December 29, 2025, 09:51 AM
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Coffee Day Enterprises Limited has entered into a One Time Settlement (OTS) with Axis Bank Limited for its outstanding loan amounting to ₹70 Crores. This strategic move aims to reduce the company's overall debt liability.
The settlement agreement outlines a payment schedule spread over the next year. An initial payment of ₹35 Crores is due on or before 31st December 2025. Subsequent payments of ₹15 Crores are scheduled for on or before 31st March 2026, ₹10 Crores on or before 30th June 2026, and the final ₹10 Crores on or before 30th September 2026.
This OTS represents a full and final settlement of all dues payable to Axis Bank Limited.
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