<h1>Vikran Engineering Limited Redeems ₹15 Crore in Non-Convertible Debentures</h1>
VIKRAN ENGINEERING LIMITED announced the full redemption of a tranche of Non-Convertible Debentures (NCDs) on July 24, 2026. The company completed the transaction involving 30 unsecured, rated, unlisted, and redeemable debentures, amounting to ₹15,00,00,000.
The redemption was executed in accordance with the terms of issuance and occurred on the designated maturity date. This action details a key aspect of the company's debt management structure.
Details regarding the redeemed securities are summarized below:
| Particulars | Details |
|---|---|
| Type of Security | Non-Convertible Debenture |
| ISIN | INE01R507041 |
| Type of Redemption | Full |
| Quantity Redeemed | 30 NCDs |
| Total Amount Redeemed | ₹15,00,00,000 |
| Actual Redemption Date | 24th July 2026 |
The redemption was conducted by maturity. Furthermore, the company confirmed that the last interest payment related to these debentures occurred on the same date of redemption, July 24, 2026.
VIKRAN Stock Price Movement
Shares of Vikran Engineering Limited slipped on Friday, closing at ₹71.43 after shedding 0.49% from the previous close. Traded volume for the day registered 934,117 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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