Viviana Power Tech Limited — Important, 21-05-2026: Committee Meeting Updates
21-05-2026 · 11:54 am
Viviana Power Tech's Debenture Allotment Committee has approved the allotment of 20,000 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of Rs. 10,000, totaling 20 Cr. These debentures carry a 12% coupon rate, paid monthly, and mature in 24 months, with principal repayments in two installments. The NCDs are secured by a charge on receivables, ensuring a 1.25x cover. They hold an ACER BBB rating with a stable outlook. This move secures funding for the company's operations and future growth.
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