Varroc Engineering Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
VARROC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Varroc Engineering Limited has filed a NIL deviation statement confirming that Rs. 200 crore raised through four Commercial Paper issuances during FY 2025-26 was fully utilized for the stated purposes without any deviation or variation. The issuances included Rs. 50 crore each in Q1 (May 2025), Q2 (August 2025), and two separate Rs. 50 crore tranches in Q4 (January 2026). The company also noted that Non-Convertible Debentures of Rs. 100 crore issued in September 2023 were fully redeemed on March 6, 2026, with proceeds also utilized as stated. This is a routine compliance filing under SEBI Listing Regulations for the quarter ended March 31, 2026.
Positive confirmation for investors — the company properly deployed all raised funds as promised with zero deviations, indicating good governance and adherence to stated objectives.