Viviana Power Tech Allots INR 20 Crore in Secured Non-Convertible Debentures via Private Placement
Viviana Power Tech Limited announced the allotment of Secured Non-Convertible Debentures (NCDs) totaling INR 20,00,00,000/-. The allotment, which took place on May 21, 2026, was approved by the company's Debenture Allotment Committee and executed on a private placement basis.The company issued 20,000 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures. Each debenture has a face value of INR 10,000, resulting in an aggregate issue size of INR 20 Crores.
The details of the issued securities, along with their terms and structure, are outlined below:
| Particulars | Details |
|---|---|
| Issue Name | 12.00% Viviana Power May 2028 |
| Issue Size | INR 20,00,00,000/- (Rupees Twenty Crores only) |
| Type of Security | Rated, Listed, Senior, Secured, Redeemable, Taxable, Transferable, Non-Convertible Debentures |
| Issue Type | Private Placement |
| Total Number of Securities | 20,000 Non-Convertible Debentures (NCDs) |
| Face Value per NCD | INR 10,000/- |
| Coupon Rate | 12% |
| Interest Payment Schedule | Monthly |
| Date of Allotment | 21-May-2026 |
| Date of Maturity | 21-May-2028 |
| ISIN | INE0MEG07029 |
The debentures are proposed to be listed on the Negotiated Trade Reporting Platform under the New Debt Market exchange(s) of NSE. The instrument has a tenure of 24 months from the date of allotment, with the principal repayment structured in two equal installments at the end of the 21st month and the 24th month.
Security for the NCDs involves a Pari Passu charge on receivables, ensuring cover equivalent to 1.25 times the principal amount outstanding by way of hypothecation in favor of the Debenture Trustee.
In terms of credit assessment, Viviana Power Tech Limited received an ACER BBB rating with an outlook of Stable. The company's ability to create and perfect security is crucial, as failure to do so within 30 days of the Deemed Date of Allotment will attract an additional interest rate of 2% per annum, granting the Debenture Holders an option for early redemption.
VIVIANA Stock Price Movement
As of 1:35 PM, Viviana Power Tech Limited shares are rallying in live trading, currently at ₹816.00 as the stock gains 3.26% on the day. The equity has seen robust activity, with 13,000 shares traded thus far in the market.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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