Vikran Engineering Limited has approved financial support of up to ₹4,560 crore for its wholly owned solar project subsidiaries, comprising corporate guarantees of up to ₹3,400 crore and promoter contributions of up to ₹1,160 crore. The guarantees will help subsidiaries secure project financing from banks and financial institutions, while promoter funding may be provided through equity, loans, debentures, or quasi-equity instruments.
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