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Bathla Group Enters Voluntary Administration, Faces $3.08B Debt

By Drooid · Sep 20, 2026, 6:26 AM UTC · How we work

Summary

Story summary

Bathla Group entered voluntary administration on August 25, 2026.
SafeWork NSW issued 306 notices to Bathla Group and subsidiaries since January 2021, 59 in the 18 months.
Administrator Teneo stood down 213 Bathla employees and halted projects two weeks after administration.
Figures show Bathla owes $3.08 billion to lenders, $145 million to the Australian Tax Office and $130 million to unsecured creditors.
NSW Supreme Court gave Bathla a 12-month extension to finish construction, pending extra lender funding.

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Story summary

Bathla Group entered voluntary administration on August 25, 2026.
SafeWork NSW issued 306 notices to Bathla Group and subsidiaries since January 2021, 59 in the 18 months.
Administrator Teneo stood down 213 Bathla employees and halted projects two weeks after administration.
Figures show Bathla owes $3.08 billion to lenders, $145 million to the Australian Tax Office and $130 million to unsecured creditors.
NSW Supreme Court gave Bathla a 12-month extension to finish construction, pending extra lender funding.