Archive · 30 Dec 2025
Coffee Day Settles ₹70 Crore Debt with Axis Bank
Coffee Day Enterprises, the company that owns Cafe Coffee Day, has made a deal with Axis Bank to pay back ₹70 crore in debt.
This is part of their plan to pay off their debts by selling some of their things and using other money.
The company has been having a hard time since their founder passed away in 2019.
They have to pay back this money by September 30, 2026.
The company still owes a lot of money to different banks and has not paid back some of it.
They have been trying to pay back their debts by selling parts of their business and making deals with other companies.
The company's shares went up a little bit after this news.
Coffee Day Enterprises (CDEL) has agreed to pay ₹70 crore to Axis Bank by September 30, 2026, as a one-time settlement.
CDEL is repaying its debts through asset sales and other means following the death of its founder in 2019.
As of June 30, 2025, CDEL's total financial indebtedness was ₹372.52 crore, with ₹181.66 crore in defaulted bank debt.
In March 2020, CDEL repaid ₹1,644 crore to 13 lenders after selling its technology business park to Blackstone Group.
In February 2025, the National Company Law Appellate Tribunal (NCLAT) dismissed insolvency proceedings against CDEL.
- Who
- Coffee Day Enterprises Ltd (CDEL) and Axis Bank
- What
- One-time settlement of ₹70 crore debt
- When
- Payment to be completed by September 30, 2026
- Where
- India
- Why
- To settle outstanding debt and continue recovery efforts
- Company
- Coffee Day Enterprises Ltd (CDEL)
- Debt Amount
- ₹70 crore
- Bank
- Axis Bank
- Payment Deadline
- September 30, 2026
- Total Financial Indebtedness (as of June 30, 2025)
- ₹372.52 crore
- Outstanding Bank Debt (as of June 30, 2025)
- ₹196.42 crore
- Defaulted Bank Debt (as of June 30, 2025)
- ₹181.66 crore
- Defaulted Interest Payment (as of June 30, 2025)
- ₹14.76 crore