The Coca-Cola company had acquired UK cafe chain Costa Coffee for $5.1-billion in 2019, to expand its beverages portfolio globally and drive cross synergies with cafes. But in India, Costa Coffee has been operated by PepsiCo s exclusive bottler RJ Corp which owns Devyani International Ltd (DIL), and continues to do so.
Coffee Day Enterprises' total financial indebtedness of listed entity, including short-term and long-term debt, is Rs 433.91 crore in the July-September 2023 quarter
According to CDEL, its total outstanding amount is Rs 189.14 crore from loans or revolving facilities like cash credit from banks or financial institutions
Get latest articles and stories on Latest News at LatestLY. Coffee Day Enterprises Ltd (CDEL) on Thursday reported a total default on payments of loans' principal and interest amount of Rs 433.91 crore for the September 2023 quarter. Latest News | Coffee Day Enterprises' Total Default at Rs 433.91 Cr in Jul-Sep Quarter.