Viviana Power Tech Limited has informed the Exchange regarding Outcome of Debenture Allotment Committee Meeting held on May 21, 2026.
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Viviana Power Tech Limited has allotted 20,000 Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) worth INR 20 crores. The NCDs carry a 12% coupon rate with monthly interest payments. The issue, named '12.00% Viviana Power May 2028', has a tenure of 24 months with principal repayment in two equal installments at the 21st and 24th month. Security is backed by a pari passu charge on receivables with 1.25x cover, and the NCDs are rated ACER BBB with stable outlook by ACER Credit Rating Private Limited. The debentures will be listed on NSE's Negotiated Trade Reporting Platform under New Debt Market.
The company has raised INR 20 crores through private placement of NCDs at 12% interest. This represents debt financing for the power transmission/distribution company. The monthly interest payments and relatively high coupon rate of 12% will create recurring interest obligations over 24 months.