Vikran Engineering Limited Receives Credit Rating from India Ratings
Vikran Engineering Limited received a credit rating from India Ratings and Research Private Limited on April 7, 2026. The rating pertains to the company's Proposed non-convertible debentures.In a notice dated April 8, 2026, the company announced the credit rating assignment. According to the data provided, India Ratings and Research Private Limited assigned a rating of IND A-/Negative to the proposed non-convertible debentures amounting to INR 500 Crore.
The rating details are summarized in the table below:
| Credit Rating Agency | Type of credit rating | Amount (Rs. Crore) | Assigned Rating |
|---|---|---|---|
| India Ratings and Research Private Limited | Proposed non-convertible debentures | INR 500 | IND A-/Negative |
The company, formerly known as Vikran Engineering & Exim Private Limited, has its registered office at B-2 & B-3, B Wing, Wing, Floor, Ashar IT Park, Road No. No.16-Z, Wagle Industrial Estate, Thane - 400604.
VIKRAN Stock Price Movement
Today, Vikran Engineering Limited shares climbed to close at ₹67.23, gaining 12.70% in post-market trading. The stock saw significant investor interest, with total volume reaching 11.15 million shares today.Source:
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