Vikran Engineering to host virtual investor meet on June 18

0 min read     Updated on 16 Jun 2026, 09:18 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Vikran Engineering Limited has scheduled a virtual group meeting with analysts and investors for June 18, 2026. The company confirmed that discussions will be based on generally available information and will not involve Unpublished Price Sensitive Information (UPSI). The event is subject to change due to exigencies.

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Vikran Engineering Limited will engage with analysts and investors through a virtual group meeting scheduled for June 18, 2026. The interaction aims to provide insights based on generally available information, ensuring no discussion involves Unpublished Price Sensitive Information (UPSI). This initiative allows stakeholders to better understand the company's operational and financial standing without accessing privileged data.

Meeting Details

The management has outlined the schedule for the upcoming interaction, which will be conducted entirely online. The format allows for broader participation from across the investor community.

Sr. No. Date Type Mode
1 Thursday, 18 June 2026 Group Meetings Virtual

Regulatory Context

The intimation was submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the schedule remains subject to potential changes due to exigencies on the part of the host or the company. Information regarding the event is also accessible on the company's official website.

Historical Stock Returns for Vikran Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+5.53%+4.53%+8.37%-17.58%-21.70%-21.70%

What key operational metrics is Vikran Engineering likely to highlight during the session?

How might investor sentiment shift following the insights shared in the virtual meeting?

Could this engagement signal a strategic pivot or new growth phase for the company?

Vikran Engineering allots ₹20 crore NCDs at 11% coupon

1 min read     Updated on 10 Jun 2026, 04:10 AM
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Radhika SScanX News Team
AI Summary

Vikran Engineering Limited allotted 40 secured, unlisted, redeemable non-convertible debentures aggregating ₹20 crore on a private placement basis. The NCDs carry a fixed coupon rate of 11% per annum with monthly interest payments and a maturity date of June 8, 2028. The debentures are secured by a subservient charge over current assets and will be redeemed at par through internal accruals.

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Vikran Engineering Limited has allotted 40 secured, unlisted, redeemable, non-convertible debentures (NCDs) aggregating ₹20 crore on a private placement basis. The Corporate Affairs Committee, authorized by the Board of Directors, approved the allotment on June 8, 2026. The NCDs carry a fixed coupon rate of 11% per annum, with interest payable monthly, and will mature on June 8, 2028.

The debentures, each with a face value of ₹50,00,000, are not proposed to be listed on any stock exchange. The instrument is secured by a subservient charge over all current assets of the company. In the event of a delay in payment of interest or redemption of principal, the company will pay additional interest at 2% per annum over the coupon rate for the defaulting period.

Redemption of the debentures will occur at par on maturity, funded through internal accruals and other permissible sources. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Allotment

Particulars Details
Type of Securities Secured, Unlisted, Redeemable, Non-Convertible Debentures
Total Number of Securities 40 NCDs
Size of Issue ₹20 Crores
Coupon Rate 11% p.a.
Interest Payment Frequency Monthly
Date of Allotment June 8, 2026
Date of Maturity June 8, 2028
Tenure 24 Months
Listing Status Not Proposed to be Listed

Historical Stock Returns for Vikran Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+5.53%+4.53%+8.37%-17.58%-21.70%-21.70%

How will the 11% coupon rate impact Vikran Engineering's overall cost of capital compared to its existing debt instruments?

What specific capital expenditures or operational expansions is the company targeting with the ₹20 crore raised?

Will the reliance on internal accruals for redemption constrain the company's ability to fund growth initiatives over the next two years?

More News on Vikran Engineering

1 Year Returns:-21.70%