BSECompany Update6d ago · 3 Nov 2026, 09:45 pm

Intimation of allotment of Non-Convertible Debentures

Vikran Engineering Ltd · 544496

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Vikran Engineering Ltd has announced the allotment of Non-Convertible Debentures (NCDs) aggregating to ₹10 Crores, with a face value of ₹10,00,000 each, and a fixed coupon rate of 11.40% p.a. The NCDs are not proposed to be listed and will be redeemed in two parts, comprising 95% of the principal amount on 30th January 2027 and the remaining 5% on 18th November 2027.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Vikran Engineering Ltd - 544496 - Announcement under Regulation 30 (LODR)-Allotment

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Date: 03rd November 2026 To, To, The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai-400001. Bandra (E), Mumbai –400051. (Scrip Code: Equity - 544496) (Scrip Symbol: VIKRAN) Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Allotment of Secured, unrated, unlisted, redeemable, taxable, non-convertible debentures (‘NCDs’) aggregating to ₹ 10 Crores In continuation to our intimation dated 30th October 2026 wherein the Corporate Affairs Committee (“CAC”) had approved the issuance of Secured, unrated, unlisted, redeemable, taxable, non-convertible debentures (“NCDs”), denominated in Indian Rupees, having a face value of ₹ 10,00,000 (Rupees Ten Lakh) each, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform that the CAC, at its meeting held on 03rd November 2026, has approved the allotment of Non-Convertible Debentures (“NCDs”) aggregating to ₹10,00,00,000 (Rupees Ten Crores only). The disclosure as required under Schedule III of the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended and read with Regulation 30 of the SEBI (LODR) Regulations is attached herewith and marked as Annexure I to this letter. This is for your information and records. Thanking You. Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Place: Thane Encl.: as above Annexure I Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/ HO/ 49/ 14/ 14 (7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 Sr. Particulars Details i. Size of the issue Tranche 2: Allotment - ₹ 10 Crores (Rupees Ten Crores Only) ii. Whether proposed to be listed? If yes, No, the debentures are not proposed to name of the stock exchange(s) be listed. iii. Tenure of the instrument – date of T ranche 2: allotment and date of maturity Date of Allotment: 03rd November 2026 Date of Maturity: 18th November 2027 iv. Coupon / interest offered, schedule of Fixed Coupon Rate: 11.40% p.a. payment of coupon / interest and principal Interest Payment: Monthly Date of Principal Repayment: 95 Percent (95%): 30th January 2027 5 Percent (5%): 18th November 2027 v. Charge / security, if any, created over the Secured assets vi. Special right / interest / privileges Nil attached to the instrument and changes thereof vii. Delay in payment of interest / principal Not Applicable amount for a period of more than three months from the due date or default in payment of interest / principal Sr. Particulars Details viii. Details of any letter or comments Not Applicable regarding payment / non-payment of interest, principal on due dates or any other matter concerning the security and / or the assets along with its comments thereon, if any ix. Details of redemption of preference shares Tranche 2: indicating the manner of redemption (whether out of profits or out of fresh issue) The Non-Convertible Debentures are and debentures scheduled to be redeemed in two parts, comprising 95% of the principal amount on 30th January 2027 and the remaining 5 % on 18th November 2027. x. Any cancellation or termination of Not Applicable proposal for issuance of securities including reasons thereof