Vikran Engineering Limited allotted Non-Convertible Debentures (NCDs) in two tranches, Tranche II and Tranche III, aggregating to ₹9.50 Crore. These unlisted securities are part of the company's debt issuance.
Vikran Engineering issued secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) aggregating to ₹20 Crore. This issuance serves as a capital-raising event for the company.
Vikran Engineering Limited has redeemed 30 Non-Convertible Debentures aggregating to ₹15 Crore upon maturity on July 24, 2026. This action signifies a debt repayment event.
Vikran Engineering approved ₹3,400 Crore in corporate guarantees and ₹1,160 Crore in promoter contributions for subsidiaries. These funds will support solar projects and general business requirements.
Vikran Engineering Limited allotted 40 secured NCDs totaling ₹20 Crore via private placement. The unlisted instruments carry an 11% coupon and a 24-month tenure.
Vikran Engineering Limited closed a ₹49.15 Crore loan arrangement with Onix Renewable Limited. The settlement involved share acquisitions and working capital adjustments.
Vikran Engineering Limited confirmed it is not a Large Corporate for FY 2026-27 under SEBI debt-raising framework. The company reported outstanding long-term borrowings of ₹45.84 Crore as of March 31, 2026, and maintains an 'IND A-/ Negative' credit rating from India Ratings and Research.
Vikran Engineering Limited has successfully allotted ₹50 Crore worth of Secured, Rated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The issue comprises two tranches with an 11% p.a. fixed coupon rate and a two-year tenure maturing in April 2028.