DHARAN INFRA-EPC LIMITED has informed the Exchange regarding 'Update on announcement made on July 11,2025'.
DHARAN · price
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Dharan Infra-EPC (formerly KBC Global) received warning letters from NSE and BSE on July 3, 2025 for late disclosure of defaults on interest payments and principal repayments of bank/financial institution loans. The disclosure was eventually filed on August 28, 2024, only after the exchanges intervened, which violated SEBI LODR Regulation 30 and related SEBI circulars on timely default reporting. The board noted the warning letter on July 11, 2025, and management has acknowledged the delay was due to an inadvertent oversight. The company has committed to taking corrective steps to ensure timely disclosures going forward, though further non-compliance could invite stricter action from the exchanges.
This is a regulatory warning rather than a financial penalty, but it flags that the company has had loan defaults in the past and was non-compliant in reporting them on time. For shareholders, this is a mild negative signal on governance and disclosure quality, with a risk of stricter regulatory action if defaults recur or disclosures are delayed again.