Vikran Engineering Ltd Executes Loan Agreement of INR 49.15 Crores with Onix Renewable Limited

Vikran Engineering Limited has executed a Loan Agreement with Onix Renewable Limited for an amount of INR 49.15 Crores. The loan is a demand loan with an interest rate of 15% per annum. The loan agreement was executed on 31st January 2026, but the disclosure to the Stock Exchanges was delayed due to an administrative lapse. The Company has taken steps to strengthen internal processes to ensure timely compliance with Regulation 30 going forward.