DHARSUGARNSEDharani Sugars & Chemicals Limited· SugarHighNegative
Announced Tue, 27 Oct, 2026 · 15:25 IST
INR 14.82 crore loan default disclosed
Price reaction
Awaiting price reaction for this filing.
AI summary
The company reported that loan payments were in default as of 30 September 2026. The current default is INR 14.82 crore, all principal, with no interest default. Total borrowings from banks and financial institutions were INR 347.53 crore, including INR 267.36 crore from National Asset Reconstruction Company at 12.00% and INR 80.17 crore from the Sugar Development Fund at 5.75%.
Likely market impact
Defaulted loans raise credit and liquidity concerns, potentially increasing financing costs and pressuring the share price.