Vikran Engineering Limited told the exchanges on 5 June 2026 that its Corporate Affairs Committee approved the allotment of 20 secured, unlisted, redeemable, non-convertible debentures (NCDs) of face value Rs 50 lakh each, aggregating Rs 10 crore, on a private placement basis.
NCDs are a debt instrument used to raise borrowed funds. The allotment follows the company’s earlier intimation of February 2026.
Vikran Engineering is a construction and infrastructure company with a market value of about Rs 183 crore. Its shares eased about 1.3% on the day to around Rs 70.
The details are taken from Vikran Engineering’s filing with NSE and BSE dated 5 June 2026. This note is for information only and is not investment advice.