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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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)-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