Vikran Engineering Approves Corporate Guarantee of ₹2941 Cr

Vikran Engineering Ltd's Board of Directors approved a corporate guarantee of up to ₹2941.19 Crores for its wholly-owned subsidiary to facilitate credit facilities for business operations and solar projects. Additionally, the board approved an infusion of up to ₹200 Crores as promoter contribution into the subsidiary, which can be made through various instruments like equity, unsecured loans, or NCDs. The board also took note of and approved the Cost Audit Report for the Financial Year 2025-26, authenticated by the company's cost auditor.