Vikran Engineering has raised Rs 10 crore through allotment of Non-Convertible Debentures (NCDs) in dematerialised form and on private placement basis. The Corporate Affairs Committee of the company has allotted 20 secured, unlisted, redeemable, NCDs of the face value of Rs 50 lakh each. The NCDs have a tenure of 24 months and carry a coupon rate of 11% per annum.
Vikran Engineering is an EPC Company offering a wide range of integrated end to end services including infrastructures project, power transmission and distribution, Extra High Voltage (EHV) substation and water infrastructure including design, supply, civil works, construction, testing and commissioning.
