Vikran Engineering issued ₹50 crore in secured, unlisted NCDs across two tranches with 11% annual coupon.
The NCDs have a 2-year tenure with monthly interest payments and maturity dates in April 2028.
Allotment completed on private placement basis following board and committee approvals from October 2024.
Disclosure made under SEBI LODR Regulation 30 and specific circular regarding unlisted debt instruments.