Vikran Engineering has approved a corporate guarantee of up to ₹3,400 Crores and a promoter contribution of up to ₹1,160 Crores to support its wholly-owned subsidiaries. The Board of Directors sanctioned these measures on July 10, 2026, to facilitate credit facilities from banks and financial institutions for business operations and solar projects. The promoter contribution will meet project financing requirements and business needs through various instruments such as equity shares, unsecured loans, and debentures.

Corporate Guarantee Details

The Board approved the issuance of corporate guarantees aggregating up to ₹3,400 Crores in favour of its wholly-owned subsidiaries. This move aims to assist subsidiaries in availing credit facilities for the development and implementation of their respective business operations and solar projects. The Corporate Affairs Committee has been authorised to finalise the terms and conditions and execute necessary agreements.

Promoter Contribution Plan

In addition to the guarantee, the Board approved the infusion of promoter contribution of up to ₹1,160 Crores. This infusion will occur in one or more tranches into the company's wholly-owned subsidiaries. The contribution may be made via subscription to equity share capital, unsecured loans, Non-Convertible Debentures (NCDs), Optionally Convertible Debentures (OCDs), quasi-equity, or other permissible instruments.

Regulatory Disclosures

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corporate guarantee constitutes a contingent liability for the company, with no immediate impact expected unless subsidiaries fail to meet repayment obligations. The transaction with subsidiaries, being related parties, will be conducted on an arm's length basis.

Vikran Engineering Limited has submitted the video recording link for its investor and analyst meeting held on Thursday, July 2, 2026, at Rajkot. The disclosure was made to ensure transparency and provide access to the discussions held during the session. The company confirmed that the discussions were based solely on information available in the public domain, and no Unpublished Price Sensitive Information (UPSI) was shared or discussed.

The meeting was conducted as an in-person interaction at The Grand Regency, Regent Room, 1st Floor, near Mehta Petrol Pump, Opp. Gujarat Furniture, Dhebar Road, Rajkot - 360002, Gujarat. The management engaged with various investors and analysts to discuss generally available information. The company noted that changes to the schedule may occur due to exigencies on the part of the host or the company.

The video recording of the meeting is available on the company's official website. The table below summarizes the key details of the interaction:

The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kajal Rakholiya, Company Secretary and Compliance Officer, signed the submission on behalf of Vikran Engineering Limited.