Dharan Infra-EPC Limited Update on CIRP: Settlement Reached with Tata Capital Housing Finance
Dharan Infra-EPC Limited has settled its dues with Tata Capital Housing Finance Limited on December 31, 2025. The NCLAT directed the IRP to file for withdrawal of the CIRP under Section 12A of the IBC. The NCLAT will hear the matter again on January 29, 2026.
The resolution of a significant financial obligation and the initiation of withdrawal from CIRP are material events that could substantially impact the company's financial health, operational status, and market perception.
The company has resolved its financial dues with a major creditor and initiated the process to withdraw from the Corporate Insolvency Resolution Process, which is a positive development towards normalizing its operations.
Dharan Infra-EPC Limited (formerly KBC Global Limited and Karda Construction Limited) has provided an update on its Corporate Insolvency Resolution Process (CIRP). The company announced that it entered into a one-time settlement with its original Financial Creditor, Tata Capital Housing Finance Limited, and cleared its entire outstanding dues on 31 December 2025.
Following this settlement, the Hon’ble National Company Law Appellate Tribunal (NCLAT), in its order dated 06 January 2026, directed the Interim Resolution Professional (IRP) to initiate steps for withdrawal of the CIRP application under Section 12A of the Insolvency and Bankruptcy Code, 2016, by approaching the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench. The NCLAT also instructed the IRP to collate claims received during the CIRP period and clarified that no further actions should be taken in the CIRP in the interim. The NCLAT listed the appeal for further hearing on 29 January 2026, with directions for the Resolution Professional to collate claims but take no further steps.
This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What to do with a filing like this
DHARAN INFRA-EPC LIMITED filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by DHARAN INFRA-EPC LIMITED. Read the original for the full detail.