Dharan Infra-EPC Ltd (formerly KBC Global Ltd), shares dropped nearly 50% YTD amid over ₹40 crore loan defaults, auditor red flags, and SEBI penalties. FY2025 saw ₹179.9 crore revenue with ₹383.4 crore loss. Liquidity stress, governance lapses, and persistent overdue repayments overshadow diversification into Dharan Infra Solar Private Ltd. Investors face high risk despite low price.