DHARSUGARNSEDharani Sugars & Chemicals Limited· SugarCriticalNegative
Announced Tue, 6 Oct, 2026 · 14:03 IST
DHARANI SUGARS DISCLOSES DEFAULT ON BANK LOAN REPAYMENTS
Price reaction
Awaiting price reaction for this filing.
AI summary
Dharani Sugars has disclosed defaults on bank and financial institution loans as of 30 September 2026, per SEBI quarterly disclosure rules. Total outstanding loans stand at Rs 347.69 crore, with Rs 127.26 crore in default (about 37 percent). Unlisted debt securities of Rs 22.48 crore show no default. Total financial indebtedness is Rs 370.17 crore.
Likely market impact
Negative. About 37 percent of bank loans are in default, signalling serious financial stress. Likely to hurt share price and trigger credit rating downgrade.