Vikran Engineering Limited has received a new credit rating from India Ratings and Research Private Limited. The rating agency assigned an 'IND A-' rating with a Negative outlook to the company's proposed non-convertible debentures (NCDs) amounting to ₹500 crore. The credit rating was communicated via a report dated 07th April 2026. The detailed rating rationale has been uploaded on the India Ratings and Research Private Limited website. This intimation is made pursuant to Regulation 30 read with Clause 3 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
