Regulatory2 Oct 2026, 11:40 am
Varroc Engineering: No Deviation in ₹50 Cr Commercial Paper Utilization
AI Summary
Varroc Engineering Ltd has filed a Nil Deviation Report confirming that the utilization of ₹50 Crores raised via Commercial Paper in Q2 FY 2026-27 has been fully in line with the stated objects in its offer document. The funds were raised on September 24, 2026, and fully utilized by September 30, 2026. The company stated there were no other fundraising activities during the quarter. This report is in compliance with SEBI Listing Regulations.
Key Highlights
- No deviation reported in the utilization of ₹50 Cr raised via Commercial Paper.
- Funds raised in Q2 FY 2026-27 were fully utilized as per the offer document.
- No other fundraising activities occurred during the quarter.
- Report filed as per SEBI Listing Regulations.
Price Impact
More from VARROC