The National Stock Exchange and BSE Limited have received an official update from Dharan Infra-EPC Limited, formerly known as KBC Global Limited and Karda Construction Limited, regarding its Corporate Insolvency Resolution Process (CIRP). The suspended Board of Directors of the firm appealed to the National Company Law Appellate Tribunal (NCLAT) to seek a stay of the proceedings after the CIRP started.
The firm achieved a noteworthy milestone during the required claim verification period when it agreed a one-time settlement with Tata Capital Housing Finance Limited, its initial financial creditor. On December 31, 2025, Dharan Infra-EPC Limited successfully paid off all of its outstanding dues to the creditor.
In reaction to these events, on January 6, 2026, the Hon’ble NCLAT issued an order instructing the Interim Resolution Professional (IRP) to submit an application to the NCLT Mumbai Bench under Section 12A of the Insolvency and Bankruptcy Code, 2016. The official withdrawal of the insolvency proceedings is the goal of this application.
The NCLAT also stated that no further insolvency measures are to be conducted in the meantime, even though the IRP would continue to compile claims received during the CIRP period.
This stay on proceedings is a crucial step for Dharan Infra-EPC Limited as it works to normalize its financial and legal status in light of the debt clearance.
Listed on the NSE (DHARAN) and BSE (541161), Dharan Infra-EPC Ltd. focuses on engineering, procurement, and construction (EPC) and real estate development. Dharan InfraEpc is currently down 4.17% intraday, according to Trendlyne data. The stock gained 4.55% during the last week. The stock has dropped 72.29% over the last year and 58.18% over the last quarter. It’s currently trading on NSE at a share price of Rs 0.23 and on BSE with a share price of Rs 0.23, as per Trendlyne.
As of January 9, 2026, Dharan InfraEpc’s market capitalization was Rs 120.26 Cr. Since its BSE/NSE listing, Dharan InfraEpc has declared bonus shares twice and experienced two stock splits. The last bonus share announcement was made on April 4, 2025, at a ratio of 1:1, and the most recent statement on the Dharan InfraEpc stock split was made on August 12, 2021, at a ratio of 2:1.
Over the past year, there has been a lot of volatility in the stock. On January 15, 2025, it hit a 52-week high of Rs 0.86. But the stock has had a sharp decline in the past year, reaching a 52-week low of Rs 0.21 on January 5, 2026. The stock is trading barely over its annual low at the current market price of Rs 0.23, suggesting a steep loss of about 73% from its peak.
The outcome here indicates that the stock is now under a lot of selling pressure and that investor sentiment has become noticeably cautious. In conclusion, the stock saw a sharp drop from its highs of Rs 0.86 to its current level of Rs 0.23, highlighting the volatility and risk involved over the last year.
