Coffee Day Enterprises Limited has reached a One-Time Settlement (OTS) with Axis Bank to settle its outstanding loan. According to the company, Axis Bank has approved an OTS amount of ₹70 crore, which will be paid as full and final settlement of all dues. The decision has been taken to reduce the company’s overall debt burden. Coffee Day is the parent company of the Coffee Day Group, which houses Café Coffee Day that pioneered the coffee culture in the chained café segment in India.
As per the settlement terms, the payment will be made in phases. The company will pay ₹35 crore on or before 31 December 2025, followed by ₹15 crore by 31 March 2026. An additional ₹10 crore will be paid by 30 June 2026, and the remaining ₹10 crore by 30 September 2026.
| Date of Payment | Amount (₹ Crore) |
|---|---|
| On or before 31 December 2025 | 35.00 |
| On or before 31 March 2026 | 15.00 |
| On or before 30 June 2026 | 10.00 |
| On or before 30 September 2026 | 10.00 |
| Total Settlement Amount | 70.00 |
