Default5 May 2026, 10:18 am
Dharani Sugars Defaults on ₹61.11 Cr Loan
AI Summary
Dharani Sugars and Chemicals Ltd disclosed a default on loan payments to banks/financial institutions. The default occurred on April 6, 2026. The current default amount totals ₹61.11 crores, including ₹57.46 crores in principal and ₹3.65 crores in interest to IFCI Ltd. The company's total outstanding borrowings from banks/financial institutions and total financial indebtedness stand at ₹314.18 crores.
Key Highlights
- Dharani Sugars defaulted on loan payments totaling ₹61.11 Cr.
- The default includes ₹57.46 Cr principal and ₹3.65 Cr interest to IFCI Ltd.
- The loan default date is April 6, 2026.
- Total outstanding borrowings from banks/financial institutions is ₹314.18 Cr.