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3 stories mentioning NSE:VIKRANUpdated 40d ago

Every FINWIRES story that references NSE:VIKRAN, newest first.

Asia

Vikran Engineering Agrees to Acquire Remaining Stake in NOPL Solar Projects

Vikran Engineering (NSE:VIKRAN, BOM:544496) has agreed to acquire the remaining 51% stake in NOPL Solar Projects for 51 million Indian rupees, according to a Wednesday filing to the Indian stock exchanges.With its earlier acquisition of 49% equity stake, the engineering, procurement, and construction company has gained 100% of NOPL.NOPL is engaged primarily in the development, operation, and maintenance of a 969 MW (AC) grid-connected solar power project in Maharashtra, India.The company's shares were down nearly 1% in recent trade.

BOM:544496NSE:VIKRAN
Asia

Vikran Engineering Raises INR500 Million Through Debenture Allotment

Vikran Engineering (NSE:VIKRAN, BOM:544496) has raised 500 million Indian rupees through the allotment of non-convertible debentures on a private placement basis in two tranches, according to a Thursday filing to the Indian stock exchanges.The company allotted secured, rated, unlisted, redeemable, non-convertible debentures denominated in Indian rupees, having a face value of 5 million rupees each.The company allotted debentures worth 200 million rupees in the first tranche, scheduled to mature on April 24, 2028, and 300 million rupees in the second tranche, to mature on April 29, 2028.The company's shares were down over 2% in recent trade.

BOM:544496NSE:VIKRAN
Asia

Vikran Engineering to Buy 49% Stake in NOPL Solar Projects

Vikran Engineering (NSE:VIKRAN, BOM:544496) said it agreed to acquire a 49% stake in NOPL Solar Projects for 49 million Indian rupees, according to an Indian bourse filing on Tuesday.Shares of the company rose over 2% in Wednesday's trade.The target company is involved in solar project development and is linked to a 969 MW grid-connected project under the PM-KUSUM scheme in Maharashtra, India, the filing said.

BOM:544496NSE:VIKRAN

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