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Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Aurangabad-based Varroc Group. Varroc is a global tier-1 automotive component group. It is engaged in the business of manufacturing and supplying automobile components to a wide range of OEMs across the globe
Varroc Engineering (#VARROC) has successfully redeemed Commercial Papers (CPs) worth Rs. 50 Cr. The company fulfilled its payment obligation on the maturity date. This action highlights strong financial discipline and healthy liquidity, a positive for investors. #DebtRepayment #FinancialHealth
Varroc Engineering's AGM passed all resolutions, adopting FY26 results with ₹8,890.5 Cr consolidated revenue (up 9%) and 9.4% EBITDA. EV revenue grew to 13%. Company approved increased borrowing limits and NCD issuance, targeting ₹20,000 Cr revenue by FY31, driven by EV focus.
Varroc Engineering has listed Commercial Papers worth Rs. 50 Cr on the NSE. These short-term instruments, with a 30-day tenure and 7.20% discount rate, will be redeemed at Rs. 50 Cr.
Varroc invests ~0.49 Cr in AMPIN SPVs for captive solar power plants in Tamil Nadu & Karnataka. This agreement secures renewable energy supply for its manufacturing units, aiming for cost efficiency and sustainability.
Varroc Engineering has appointed Mr. Anil Ghatiya as its Compliance Officer and Company Secretary. MUFG INTIME INDIA PRIVATE LIMITED (formerly Link Intime India) is now the company's Registrar & Share Transfer Agent.