Dharan Infra executes OTS with Central Bank of India, Rs.40 Crore Loan Default

Dharan Infra has executed One Time Settlement (OTS) with Central Bank of India. Dharan Infra-EPC Limited (formerly known as KBC Global Limited) has executed a OneTime Settlement (OTS) Agreement with Central Bank of India on 28th July 2025, for the structured resolution of its outstanding financial obligations.

Key Terms of the Settlement:

• Name of the Lending Institution: Central Bank of India
• Total Settlement Value (OTS): Rs 4.30 Crore
• Initial Payment: An upfront payment of Rs 43,00,000 (10% of the outstanding amount) was remitted on 28th July 2025
• Balance Payment Schedule: The remaining amount shall be discharged in three instalments, with the final tranche payable on or before 31st January 2026

Total amount outstanding from banks / financial institutions as on date 31.03.2025 was Rs 59.55 crore. Of the total amount outstanding, amount of default as on date 31.03.2025 was Rs 40.48 crore.