• SENSEX 72,638.70
    -429.11 (--0.59%)
  • BANKNIFTY 55,055.55
    -72.85 (--0.13%)
Back

Corporate News

Vikran Engineering’s board approved a Rs 2,941 crore corporate guarantee for its subsidiary
30-Sep-2026, 12:10

Vikran Engineering Limited informed the Bombay Stock Exchange and National Stock Exchange that its board approved the issuance of a corporate guarantee aggregating up to Rs 2,941,19,00,000 to its wholly-owned subsidiary to facilitate credit facilities for business operations and solar projects, and also approved an additional promoter contribution of up to Rs 200 crore to the subsidiary to meet project financing requirements. The board also took note of the Cost Audit Report and its annexures for the financial year 2025-26, authenticated by M/s R. R. Ahirwar & Associates.