Kesar Enterprises Ltd Accepts One Time Settlement for Cogeneration Loan

Kesar Enterprises Ltd has announced the acceptance of a One-Time Settlement (OTS) for its Cogeneration Loan, sanctioned by the Sugar Development Fund (SDF) and administered through IFCI Limited. The company opted for this settlement to conclusively resolve outstanding dues under the loan, in accordance with the Sugar Development Fund Act, 1982, and Rules, 1983. The Board of Directors approved the OTS on August 25, 2026, following administrative approval received on August 18, 2026. The settlement amount must be paid within six months from the administrative approval date. This move aims to clear existing financial obligations related to the cogeneration facility.