VIKRAN : ALLOTS RS 10 CR NCDS AT 11.40% COUPON

• Corporate Affairs Committee approved allotment of secured, unrated, unlisted NCDs aggregating ₹10 Cr (Tranche 2) • NCDs carry face value of ₹10,00,000 each, denominated in Indian Rupees • Fixed coupon of 11.40% p.a. with monthly interest payment • Tenure runs from allotment on 03 Nov 2026 to maturity on 18 Nov 2027 • 95% of principal repayable on 30 Jan 2027, remaining 5% on 18 Nov 2027 • Debentures are secured and not proposed to be listed Impact: Neutral (secured borrowing at 11.40% with most principal due by Jan 2027)

Vikran Engineering Limited

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