Vikran Engineering Limited Completes ₹50 Crore Non-Convertible Debenture Allotment
Published on: April 30, 2026, 3:25 a.m. | Source: scanx.trade
Vikran Engineering Limited successfully completed allotment of ₹50 crore secured, rated, unlisted, redeemable non-convertible debentures on 29th April 2026 under SEBI Regulation 30 compliance. The issuance comprised two tranches - ₹20 crores (Tranche I) and ₹30 crores (Tranche II) with allotment dates of 24th and 29th April 2026 respectively. The NCDs offer 11% fixed coupon rate with monthly interest payments and maturity in April 2028. The debentures were issued through private placement in dematerialised form with ₹50 lakh face value each, providing secured debt capital for the company's business operations.
