Dharan Infra-EPC executes One-time Settlement agreement with Central Bank of India


New Delhi [India], July 30: Dharan Infra-EPC Limited (BSE: 541161), formerly known as KBC Global Ltd, announced that it has executed a One-Time Settlement (OTS) agreement with the Central Bank of India for the structured resolution of its outstanding financial obligations. The agreement was executed for a total settlement value of Rs. 4.30 crore.

Highlights:

  • The total settlement value for the agreement is Rs 4.3 crore
  • This move by the company marks a dedicated financial restructuring and debt resolution
  • Recently, the company established a wholly owned subsidiary Dharan Infra Solar Private Limited
  • The subsidiary will focus on solar energy and renewable power segment

Signed on July 28, 2025, this OTS signifies a constructive milestone in the company’s ongoing efforts to restructure its financial position and regularise its obligations. The agreement marks an important step and highlights the company’s commitment to strengthening financial discipline, stakeholder confidence and building a strong foundation for long-term growth.

As part of the agreement, an initial payment of Rs 43 lakhs, representing 10 per cent of the outstanding amount, was made on July 28, 2025. The remaining balance will be paid in three structured tranches, with the final instalment due on or before January 31, 2026. The company is actively engaging in constructive dialogue with lending institutions to continue pursuing structured solutions for all residual obligations.

Speaking on this development, the management of the company commented, “This settlement demonstrates our intent and ability to regularise our obligations and re-align financial commitments in a structured manner. We remain active, maintain a constructive dialogue with lending institutions and are confident this step will open new pathways for business consolidation and growth.”

The company clarified that although some loans are still classified as defaults, they are fully secured by collateral valued at nearly twice the outstanding principal. This provides sufficient protection for lenders and helps minimise the risk of any significant negative impact on the company’s operations or financial stability.

On the business development front, the company has been diversifying to expand its portfolio and reach. The company recently incorporated a wholly owned subsidiary, Dharan Infra Solar Private Limited, focused on the solar and renewable energy sector. The subsidiary will undertake design, manufacturing, and deployment of solar modules and hybrid systems, further strengthening the company’s presence in India’s green infrastructure space.

This diversification aligns with the company’s broader strategy to become a comprehensive player in EPC and sustainable infrastructure development, while also exploring avenues for investor engagement and clean energy leadership.

The company rebranded from KBC Global Ltd to Dharan Infra-EPC Limited as part of a strategic shift to focus on infrastructure and EPC (Engineering, Procurement & Construction) projects and reposition its brand in the market.

About Dharan Infra-EPC Limited:

Dharan EPC Infra Ltd, established in 2006-07, is a Public listed company that initiated its engineering & construction business from Nashik-India, is now a globally recognised firm known for Engineering, Procurement, and Construction (EPC) business, specialising in large-scale basic infrastructure projects and having its main focus on energy projects.

With a commitment to excellence and innovation, we deliver world-class solutions across railways, roads, bridges, Hydro Dam, Solar Farming, Waste to Energy, Low-cost Housing and all types of ports, shaping the future of global connectivity and sustainable development.

 

Disclaimer:

This article is from the Brand Desk. User discretion is advised.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *