Vikran Engineering Completes NCD Allotments of ₹9.50 Crore in Private Placement Tranches
Vikran Engineering Limited has completed the allotment of two tranches—Tranche II and Tranche III—of Secured, Unrated, Unlisted, Redeemable, Taxable, NonConvertible Debentures (NCDs) aggregating to ₹ 9.50 Crores through a private placement. This issuance follows an earlier intimation regarding the allotment of NCDs in Tranche 1 made on August 1, 2026.The allotments for Tranche II and Tranche III were approved by the company's Corporate Affairs Committee (CAC) and finalized as part of a strategic debt funding initiative. Tranche II, amounting to ₹ 3.50 Crores, was allotted on August 3, 2026, comprising 14 NCDs. Subsequently, Tranche III, valued at...