Update on EUR 67 million claim against OP Mobility in France

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Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹827.00

prior close

₹826.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%+4.7% vs market

Auto Components & Equipments peers, median of 123sector+0.0%+5.0% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.0 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+5.0+0.3+4.7+0.0+5.0

Next day

+5.4-0.7+6.0-0.6+6.0

-0.2-1.2+1.0-1.5+1.2

+1.8-0.7+2.5-1.0+2.8

+0.1+0.0+0.0-1.0+1.1

+0.0+0.4-0.4-1.0+1.0

+1.3+0.8+0.5-1.4+2.6

15d

+4.4-0.0+4.4-2.0+6.4

+3.4-0.8+4.2-2.4+5.8

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 123Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Varroc Engineering's step-down subsidiary VeR is withdrawing its pending appeal and filing fresh proceedings before Paris Commercial Court against OP Mobility (Plastic Omnium Group) to recover about EUR 67 million under a Supply Agreement. Matters are at a preliminary stage with notices being served. This follows earlier communications dated July 8, 2025 and March 20, 2026. Financial implications will depend on the outcome.

Likely market impact

Fresh legal action to recover EUR 67 million could be positive if successful, but outcome remains uncertain at preliminary stage.