Loan & Debt23 Jul 2026, 03:20 pm
Varroc Engineering Lists ₹50 Cr Commercial Paper on NSE
AI Summary
Varroc Engineering Ltd has announced the listing of its Commercial Papers (CPs) worth ₹50 Crores on the National Stock Exchange of India Limited on July 23, 2026. The CPs have a tenure of 30 days, with a face value of ₹5,00,000/- each and were issued at ₹4,97,058.5/-. The record date for payment of interest and principal obligations is August 20, 2026, with the redemption due on August 21, 2026. The issuance is in compliance with SEBI's master circular for Non-Convertible Securities. Kotak Mahindra Bank Limited is the investor, and ICICI Bank Limited is the IPA.
Key Highlights
- Varroc Engineering listed ₹50 Cr Commercial Papers on NSE.
- CPs are listed with a 30-day tenure and maturity on August 21, 2026.
- Record date for payment obligations is August 20, 2026.
- Kotak Mahindra Bank is the investor in this issuance.
Price Impact
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