ALPHA TRIBE

Dharani Sugars & Chemicals LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 02:30 pm

Dharani Sugars has announced a board meeting where it approved the financial results for the quarter. The company reported a significant loss of ₹20.58 Cr. Mr. P Sakthivel was appointed as an Independent Director for a 5-year term, subject to shareholder approval. The company faces substantial financial hurdles, including accumulated losses and negative net worth. While a revival plan is in progress, there are significant outstanding loans from related parties totaling ₹181.19 Cr and ₹24.70 Cr to a corporate lender that remain unpaid. Unpaid statutory dues and a large contingent debt of ₹334.65 Cr further underscore liquidity challenges.

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