V R Infraspace Debt & Borrowing: ₹5 Cr
V R Infraspace Ltd approved a ₹5 Crore corporate guarantee for its subsidiary, Daxon Realty Ltd, to secure a loan facility from Indian Bank.
- Value
- ₹5.00 Cr
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V R Infraspace Ltd approved a ₹5 Crore corporate guarantee for its subsidiary, Daxon Realty Ltd, to secure a loan facility from Indian Bank.
V R Infraspace Limited's board approved a Rs. 9.35 Crore corporate guarantee for its subsidiary, Daxon Realty Limited. The guarantee secures a loan facility from Indian Bank.
V R Infraspace Limited confirmed it does not qualify as a 'Large Corporate' as of March 31, 2026, per SEBI framework criteria. The company reported outstanding long-term borrowings of ₹11.89 Crore, which is below the regulatory threshold for mandatory debt sourcing through the bond market.