Dharani Sugars Defaults ₹15.09 Cr on Loan Repayment

Dharani Sugars and Chemicals Ltd has disclosed a default on loan obligations. The company reported a default amount of ₹15.09 crore as of June 30, 2026. This includes a principal default of ₹15.09 crore attributed to NARCL. The total outstanding borrowings from banks and financial institutions stand at ₹338.35 crore, with total financial indebtedness not explicitly detailed beyond this. The default pertains to secured loans, with a principal amount of ₹12.00 crore from National Asset Reconstruction Company Ltd (NARCL) and ₹5.75 crore from Sugar Development Fund, carrying an interest rate of 5.75%.