Regulatory27 May 2026, 05:02 pm
Varroc Engineering: Nil Deviation Report for FY26
AI Summary
Varroc Engineering Ltd. confirms no deviation in the utilization of ₹200 Cr raised through Commercial Paper during FY 2025-26. The funds were raised in four tranches of ₹50 Cr each, utilized as stated in the offer document. The report, filed under Regulation 32 and 52 of the Listing Regulations, covers the quarter and financial year ended March 31, 2026. There were no other fund-raising activities during the financial year. Non-Convertible Debentures (NCDs) issued on September 7, 2023, were fully redeemed on March 6, 2026.
Key Highlights
- Varroc Engineering reports no deviation in use of ₹200 Cr Commercial Paper proceeds for FY26.
- Funds raised in four tranches of ₹50 Cr each during FY26.
- Proceeds fully utilized as per the offer document.
- No other fund-raising activity during FY26 besides Commercial Paper.
- NCDs issued in FY24 were fully redeemed on March 6, 2026.
Price Impact
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