BSECompany Update4d ago · 1 Aug 2026, 04:55 pm
Intimation of issuance and allotment of Secured, unrated, unlisted, redeemable, taxable, non-convertible debentures
Vikran Engineering Ltd · 544496
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Vikran Engineering Ltd has issued and allotted secured, unrated, unlisted, redeemable, taxable, non-convertible debentures (NCDs) aggregating to ₹20 Crores. The NCDs have a face value of ₹25,00,000 each, denominated in Indian Rupees, and are to be repaid in two parts, 95% on 31st October 2026 and the remaining 5% on 05th August 2027. The debentures are to be redeemed in dematerialized form on a private placement basis.
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Full Announcement
Vikran Engineering Ltd - 544496 - Announcement under Regulation 30 (LODR)-Issue of Securities
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Date: 01st August 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 – Issuance and allotment of Secured, unrated, unlisted,
redeemable, taxable, non-convertible debentures (‘NCDs’) aggregating to ₹ 20 Crores
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby
inform you that the Corporate Affairs Committee (authorized by Board) in its meeting held
on 30th July 2026, had approved the issuance of Secured, unrated, unlisted, redeemable,
taxable, non-convertible debentures (“NCDs”), denominated in Indian Rupees, having a
face value of ₹ 25,00,000 (Rupees Twenty Fifty Lakh) each, aggregating to ₹20,00,00,000
(Rupees Twenty Crores only), in dematerialized form, on a private placement basis, on the
following terms and conditions as set out hereunder.
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 read with Regulation 30 of the SEBI (LODR) Regulations is attached herewith and
marked as Annexure A 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 ₹ 20 Crores (Rupees Twenty Crores
only)
ii. Whether proposed to be listed? If No, the debentures are not proposed to
yes, name of the stock exchange(s) be listed
iii. Tenure of the instrument – date of
allotment and date of maturity Date of Allotment: 31st July 2026
Date of Maturity: 05th August 2027
iv. Coupon / interest offered, Fixed Coupon Rate: 11.40% p.a.
schedule of payment of coupon / Interest Payment: Monthly
interest and principal
Date of Principal Repayment:
95 Percent (95%): 31st October 2026
5 Percent (5%): 05th August 2027
v. Charge / security, if any, created Secured
over the assets
vi. Special right / interest / privileges Nil
attached to the instrument and
changes thereof
vii. Delay in payment of interest / Not Applicable
principal 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 The Non-Convertible Debentures are
preference shares indicating the scheduled to be redeemed in two parts,
manner of redemption (whether comprising 95% of the principal amount
out of profits or out of fresh issue) on 31st October 2026 and the remaining
and debentures on 5% on 05th August 2027.
x. Any cancellation or termination of Not Applicable
proposal for issuance of securities
including reasons thereof