Varroc Engineering Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

VARROC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.7%1-day move

₹465.50

prior close

₹477.50

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.1+0.1-0.1—+4.7+3.0+1.7+7.6+7.0+11.6+8.7+17.7+24.1+36.5

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AI summary

Varroc Engineering Limited has filed a confirmation with NSE/BSE stating there is NO deviation or variation in the utilization of proceeds from its Commercial Paper issuances during FY 2025-26. The company raised Rs. 50 crore via Commercial Paper in four tranches across Q1, Q2, and Q4 of FY 2025-26 (total Rs. 200 crore), and all proceeds have been fully utilized for the purpose stated in the offer document. The filing also confirms that previously issued Non-Convertible Debentures (NCDs) from September 2023 were fully redeemed on March 6, 2026. This is a routine regulatory compliance filing confirming proper end-use of funds.

Likely market impact

No material impact on shareholders as the company has properly utilized all raised funds as intended, with zero deviation reported. This indicates good governance and compliance.