Dharani Sugars & Chemicals Limited has informed the Exchange regarding 'details of Disclosure default and interest payment'.
Awaiting price reaction for this filing.
Dharani Sugars & Chemicals has reported defaults on loan repayments and interest payments to banks and financial institutions as of 30 June 2025, filed under SEBI's disclosure requirements. Total outstanding debt is ₹306.60 crore in principal plus ₹40.52 crore in interest (₹347.12 crore total), with the current default standing at ₹31.72 crore in principal and ₹25.74 crore in interest (₹57.46 crore total). Most of the exposure is to NARCL (National Asset Reconstruction Company) across term loans, debentures, equity, and a property, plus a Sugar Development Fund loan of ₹57.46 crore. The disclosure confirms defaults continuing beyond 30 days, indicating serious financial stress.
This is a negative signal for shareholders — ongoing loan defaults suggest liquidity stress and may hurt the stock price, lender confidence, and the company's ability to raise fresh capital. Existing investors face heightened risk of further deterioration if the company cannot restructure or clear these dues soon.