StockWatch
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Civil Construction
Loan & Debt25 Jul 2026, 09:30 am

Vikran Engineering Redeems ₹15 Cr Debentures

AI Summary

Vikran Engineering Ltd has announced the full redemption of 30 Unsecured, Rated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹15 Crores. The redemption occurred on July 24, 2026, aligning with the terms of issue and the maturity date. This action signifies the company meeting its debt obligations as scheduled.

Key Highlights

  • Vikran Engineering redeemed ₹15 Crores in Non-Convertible Debentures.
  • Redemption of 30 NCDs occurred on July 24, 2026.
  • The redemption was for the full amount and due to maturity.
  • ISIN of the redeemed debentures is INE01R507041.