Vikran Engineering Limited redeemed 20 unsecured, rated, unlisted, redeemable Non-Convertible Debentures (NCDs) aggregating ₹10,00,00,000 on July 16, 2026. The redemption was completed in accordance with the terms of issue due to maturity, reducing the company's debt obligations.

The debentures carried the ISIN INE01R507033. The due date for redemption was July 17, 2026, but the company executed the actual redemption on July 16, 2026. The last interest payment was also made on July 16, 2026.

The disclosure was made to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details were submitted in compliance with SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/48 dated May 21, 2024.

Redemption Details

Vikran Engineering Limited has submitted a declaration to the stock exchanges confirming that its statutory auditors have issued an unmodified opinion on the audited standalone and consolidated financial results for the financial year ended March 31, 2026. The company addressed an inadvertent omission regarding this declaration, which is mandated under Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company had initially submitted the outcome of the board meeting along with the audited financial results to the exchanges on May 22, 2026. However, the specific declaration relating to the unmodified opinion was not included in that filing due to an oversight. The subsequent submission ensures compliance with the regulatory requirements by providing the necessary confirmation from the auditors.

Walker Chandiok & Co LLP, Chartered Accountants (ICAI Firm Reg. No. 001076N/N500013), served as the statutory auditors for the company. The declaration signed by Rakesh Ashok Markhedkar, Chairman and Managing Director, confirms the auditors' unmodified opinion on both standalone and consolidated financial statements for the specified period.

The correspondence was addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited. The filings were submitted from Thane, with the clarification dated July 15, 2026, and the declaration dated June 30, 2026.