NSEGeneral Updates5d ago · 14 Aug 2026, 06:13 pm
General Updates
Vikran Engineering Limited · VIKRAN
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Vikran Engineering Limited has informed the Exchange about the allotment of Secured, Unrated, Unlisted, Redeemable, Taxable, Non-Convertible Debentures (NCDs) aggregating to ₹ 30 Crores.
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Vikran Engineering Limited has informed the Exchange about General Updates
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VIKRAN123_14082026181242_Intimation_of_Allotment_of_debenture.pdf
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Date: 14th 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 of allotment of Secured, Unrated, Unlisted, Redeemable, Taxable, Non-
Convertible Debentures (‘NCDs’) aggregating to ₹ 30 Crores
This is in continuation of our earlier intimation dated 1st August 2026 in relation to allotment Non-
Convertible debentures (Tranche 1) of Rs. 10.50 Crores out of issuance of Rs. 20 Crores.
Further, 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 (“CAC”), duly authorised by the Board, at its respective meetings
held on 3rd August 2026 and 7th August 2026, approved the terms and conditions relating to the Secured,
Unrated, Unlisted, Redeemable, Taxable, Non-Convertible Debentures (“NCDs”) and, pursuant to
the resolutions passed at the respective meetings, Tranche II of the aforesaid NCDs amounting to
₹3.50 Crores was allotted on 3rd August 2026 and Tranche III of the aforesaid NCDs amounting to ₹6
Crores was allotted on 7th August 2026, respectively.
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
a. Type of Securities Secured, Unlisted, Redeemable, Taxable, Non-
Convertible Debentures ("NCDs")
b. Type of Issuance Private Placement
c. Total Number of Securities Tranche 2 -14 NCDs
Tranche 3 - 24 NCDs
d. Size of the issue Total – One or more tranches
Tranche 2 - INR 3.50 Crores (Indian Rupees Three
Crores Fifty Lakhs only)
Tranche 3- INR 6 Crores (Indian Rupees Six
Crores only)
e. Whether proposed to be listed? If No, the debentures are not proposed to be listed
yes, name of the stock exchange(s)
f. Tenure of the instrument – Tenure of instrument: 12 Months 5 Days
date of allotment and
date of maturity Tranche 2 –
Date of Allotment: 03rd August 2026
Date of Maturity: 08th August 2027
Tranche 3 –
Date of Allotment: 07th August 2026
D ate of Maturity: 12th August 2027
g. Coupon / interest offered, schedule Fixed Coupon Rate: 11.40% p.a.
of payment of coupon / interest and Interest Payment: Monthly
principal
Tranche 2
Date of Principal Repayment:
03rd November 2026-95%
08th August 2027-5%
Tranche 3
Date of Principal Repayment:
07th November 2026- 95%
12th August 2027- 5%
h. Charge / security, if any, created Subservient charge over all current assets of the
over the assets Company
i. Special right / interest / privileges Nil
attached to the instrument and
changes thereof
j. Delay in payment of interest / In case of default (including delay) in payment of
principal amount for a period of interest/ coupon and/ or redemption of principal
more than three months from the on the due dates, the Company shall pay
due date or default in payment of additional interest @ 2% p.a. over the coupon rate
interest / principal f or defaulting period.
k. 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
l. Details of redemption of The debentures shall be redeemed at par in two
Debentures indicating the manner parts, with 95% of the principal amount being
of redemption (whether out of redeemed on the respective dates specified below
profits or out of fresh issue) and and the remaining 5% being redeemed on the
debentures respective dates specified below, from internal
accruals and/or such other sources as may be
permissible under applicable laws.
Tranche 2:
03rd November 2026- Rs. 23,75,000
08th August 2027- Rs. 1,25,000
Tranche 3:
07th November 2026- Rs. 23,75,000
12th August 2027- Rs. 1,25,000
m. Any cancellation or termination of Not Applicable
proposal for issuance of securities
including reasons thereof