DHARAN INFRA-EPC LIMITED has informed the Exchange regarding 'Execution of One-Time Settlement Agreement with Central Bank of India'.
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Dharan Infra-EPC Limited (formerly KBC Global Limited) has executed a One-Time Settlement (OTS) agreement with Central Bank of India on 28th July 2025 to resolve its outstanding financial obligations. The total settlement value is ₹4.30 crore, with an upfront payment of ₹43 lakh (10%) already remitted. The remaining balance will be paid in three instalments, with the final tranche due on or before 31st January 2026. The company clarified that some loans remain classified as default but are fully secured by collateral worth approximately double the outstanding principal. The management is also in active discussions with other lenders to resolve residual obligations.
This OTS is a positive step towards cleaning up the company's balance sheet and reducing legacy debt stress, though the fact that loans remain in default and the company is still negotiating with other lenders suggests ongoing financial fragility. Shareholders should see this as a constructive milestone, but the stock may remain volatile until full resolution of all obligations.