Dharani Sugars Defaults on ₹127.26 Crore Loans

Date: October 6, 2026

Default Disclosure

Dharani Sugars and Chemicals Limited has made mandatory disclosures regarding defaults on loan repayments and interest payments as required under SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2019/140 dated 21st November 2019.

Financial Indebtedness Details

Total Financial Indebtedness: ₹370.17 crore (including short-term and long-term debt)

Loan Defaults (Banks/Financial Institutions):

• Total amount outstanding: ₹347.69 crore
• Amount in default: ₹127.26 crore
• Default continues beyond 30 days as of September 30, 2026

Unlisted Debt Securities (NCDs/NCRPS):

• Total amount outstanding: ₹22.48 crore
• Amount in default: NIL (no defaults reported)

Correspondence Details

The disclosure was signed by D E P Sakthive, Company Secretary, and submitted from the company's registered office at 'PGP HOUSE', (Old No.57) New No.59, Sterling Road, Nungambakkam, Chennai - 600034.