Kohinoor Foods Completes One-Time Settlement Payment, Receives No Dues Certificates
Kohinoor Foods has completed the payment for its revised one-time settlement proposal, sanctioned on December 24, 2024. The company has received No Dues Certificates from all lenders, with the final one from Indian Bank on September 22, 2026. A consolidated certificate from consortium lenders is awaited.
The completion of the one-time settlement payment and receipt of no dues certificates are positive steps for the company's financial health and stakeholder confidence, but the awaited consolidated certificate and ongoing formalities suggest the impact is not yet fully realized.
The company has successfully completed a key financial restructuring milestone by making the required payment for the one-time settlement and has received 'No Dues Certificates' from its lenders, indicating progress in resolving its financial obligations.
Kohinoor Foods Limited has announced a significant milestone in its financial restructuring journey. The company has completed the payment of the revised one-Time Settlement proposal under the Revive Plan, which was sanctioned by the consortium lenders on December 24, 2024. This payment includes the applicable delayed interest.
Following the completion of this payment, Kohinoor Foods has received No Dues Certificates from all its lenders. The final No Dues Certificate from Indian Bank was received on September 22, 2026. The company is currently awaiting the consolidated No Objection / Dues Certificate from the consortium lenders.
This development is considered an important step towards strengthening the company's financial position and enhancing stakeholder confidence. Kohinoor Foods remains focused on completing the remaining formalities and advancing its strategic priorities to drive sustainable growth and long-term value creation.
What to do with a filing like this
Kohinoor Foods Limited filed this with the NSE as a statutory disclosure, categorised under one-time settlement with banks. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Kohinoor Foods Limited. Read the original for the full detail.