Dharan Infra-EPC Gains 2.22% on ₹10 Crore Canara Bank OTS Agreement

Mumbai, September 3, 2025: Stocks of Dharan Infra-EPC Limited (NSE: DHARAN, BSE: 541161), a penny stock, rose 2.22% to ₹0.46 in trading today following the entry of the company into a One-Time Settlement (OTS) agreement with Canara Bank worth ₹10 crore. The company has a market capitalisation of ₹224.84 crore, with the stock’s 52-week high at ₹0.48 and 52-week low at ₹0.39. Dharan Infra-EPC Limited, previously known as KBC Global Limited, undertakes residential and commercial real estate projects and has been listed since 2nd April 2018.

Key Terms of the OTS Agreement

The firm has signed a One-Time Settlement (OTS) agreement with Canara Bank for a ₹10 crore aggregate settlement amount. As per the terms of the deal, an initial payment of ₹50 lakh, which is 5% of the outstanding, has been paid. The balance will be settled in five tranches, and the last tranche is to be paid within 90 days.

The firm stated the OTS will reduce its debt load and improve lender credibility. Even though a few loans are in default, these are completely secured by collateral worth almost double the outstanding obligations, providing protection to lenders.

Management Commentary

Managing Director Naresh Karda added that Dharan Infra-EPC is engaged in active discussion with lenders and dedicated to structured resolution of residual obligation, along with adherence to disclosure norms.

Dharan Infra-EPC rose 2.22% after signing a ₹10 crore OTS with Canara Bank. The agreement, secured by collateral, will reduce debt and is being settled in five tranches, with management continuing structured discussions with lenders.

REF: https://nsearchives.nseindia.com/corporate/KBCGLOBAL_02092025151011_ots-canara__1_.pdf

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