As per the filing, total debt of Coffee Day Enterprises as on July 31, 2019 was Rs 3,472 crore. The company said its arm Sical Logistics has also been working on divestment of certain assets.
"The proceeds from the divestment is expected to significantly reduce the debt in Sical," Coffee Day Enterprises added.
Total debt of Sical Logistics is Rs 1,488 crore, it added.
The company said it is confident that the ongoing divestments will significantly reduce the debt position of Coffee Day Group.
"The financial position and asset base of the Coffee Day Group will be comfortable to service the debt obligations of the entire group in full. We reiterate that the debt obligations of the Coffee Day Group will be honoured. We request all the lenders and creditors to give sufficient time to honour the commitments and to unlock the true potential value of the assets," it said.
Last month, Coffee Day Enterprises founder V G Siddhartha allegedly committed suicide. In a letter purportedly written by him, Siddhartha mentioned "serious liquidity crunch" and "tremendous pressure" from lenders and an unnamed private equity investor, among other issues.