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Vikran Engineering Limited — Credit Ratings, 11-06-2026: Credit Rating- Revision
11-06-2026 | 05:52 pm
11-06-2026 | 05:52 pm
India Ratings & Research has revised the rating for Vikran Engineering's Non-Convertible Debentures (INR 1,000 million) to IND BBB+/Stable from IND A-/Negative. Bank loan facilities (INR 4,700 million) also revised to IND BBB+/Stable / IND A2 from IND A-/Negative / IND A2+. This reflects order book concentration and equity infusion needs.
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