Dharan Infra-EPC Limited Announces Leadership Transition: Devesh Karda to Succeed Naresh Karda as Managing Director
Dharan Infra-EPC Limited has announced a significant leadership transition. Mr. Naresh Karda will step down as Managing Director effective August 7, 2025, citing other professional commitments. The Board of Directors has unanimously approved Mr. Devesh Karda as the new Managing Director, subject to necessary approvals. Naresh Karda will continue to serve on the company's board as a director. The company praised Naresh Karda's contributions in transforming the organization. Devesh Karda, with his experience in key projects and strategic initiatives, is expected to lead the company's future growth and innovation.
28Jul 25
Dharan Infra-EPC Limited Completes Multiple One-Time Settlements for Financial Restructuring
Dharan Infra-EPC Limited has successfully executed multiple One-Time Settlement agreements as part of comprehensive financial restructuring. The company completed settlement with Tata Capital Housing Finance Limited on December 31, 2025, and earlier secured ₹4.30 crore settlement with Central Bank of India with structured payment terms.
28Apr 25
KBC Global's UK Subsidiary to Raise £69.98M for Liberian Port Project
KBC Global Limited's UK subsidiary, Dharan International Limited (DIL), is raising £69.98 million (₹793.75 crore) to finance the Buchanan Port Integrated Industrial Development Project in Liberia. The fundraising includes £64.18 million in equity issuance and £5.80 million in convertible bonds. This move marks KBC Global's strategic expansion into West African infrastructure, aiming to enhance its global footprint and boost long-term financial performance. Upon completion, DIL will become a subsidiary of KBC Global Limited.
02Apr 25
KBC Global Sets April 4 as Record Date for 1:1 Bonus Share Issue
KBC Global, an Indian stock market-listed company, has set April 4 as the record date for its 1:1 bonus share issue. Shareholders will receive one additional share for every share held. The stock is expected to trade ex-bonus this week, ahead of the record date. This bonus issue will double the number of shares for existing shareholders without diluting their ownership percentage.