Of this, the company is in default of Rs 436.06 crore in the quarter ended 31 March 2023.

According to the company's exchange filing, loans or revolving facilities like cash credit from banks or financial institutions amounted to Rs 220.65 crore. CDEL has defaulted on Rs 189.87 crore as well as an interest payment of Rs 5.78 crore as of date.

Coffee Day's total outstanding amount from unlisted debt securities (NCDs and NCRPS) was Rs 240.41 crore as on date. Of this, the total amount of default as of date is Rs 200 crore along with interest of Rs 40.41 crore, the company said.

As per media reports, 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 VG Siddhartha in July 2019.

In March 2020, CDEL had reportedly announced repaying Rs 1,644 crore to 13 lenders after concluding a deal with Blackstone Group to sell its technology business park.

Coffee Day Enterprises Limited is the holding company for Coffee Day group. The key companies of the group are – Coffee Day Global (coffee business), Sical Logistics (integrated logistics), Tanglin Development (real estate), Way2Wealth (financial services) and Coffee Day Hotels and Resorts (hospitality).

The company had reported a consolidated net loss of Rs 402.06 crore in the quarter ended December 2022 as against net profit of Rs 20.47 crore during the previous quarter ended December 2021. Sales rose 32.90% YoY to Rs 243.85 crore in Q3 FY23 over Q3 FY22.

The scrip advanced 1.98% to end at Rs 33.51 on the BSE on Thursday.