Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks ....
Awaiting price reaction for this filing.
Dharani Sugars & Chemicals Limited has disclosed loan defaults as per SEBI circular requirements. The company has defaulted on ₹10.48 crore of loans/revolving facilities (including cash credit) from banks and financial institutions as of 31st March 2026. The total outstanding amount in this category is ₹314.18 crore. Additionally, the company has ₹21.19 crore in unlisted debt securities (NCDs and NCRPS) with no default. Total financial indebtedness stands at ₹335.37 crore.
The ₹10.48 crore loan default signals credit stress and could lead to rating downgrades, lender actions, or debt restructuring discussions. Shareholders should monitor closely as this indicates potential NPA classification and financial strain.