Varroc Engineering Limited has announced the full redemption of its Commercial Papers (CPs) amounting to ₹50 Crore. The company confirmed that its payment obligation has been fulfilled. These CPs, issued with ISIN INE665L14459, were initially issued on July 22, 2026, and matured on August 21, 2026. The payment was made to Kotak Mahindra Bank Limited.
Commercial Paper Redemption Complete
Varroc Engineering Limited has successfully completed the redemption of its outstanding Commercial Papers (CPs). The total value of the redeemed CPs stands at ₹50,00,00,000 (Rupees Fifty Crore Only). This action signifies the fulfillment of the company’s payment obligations concerning these short-term debt instruments.
Details of the Redemption
The Commercial Papers in question, identified by ISIN INE665L14459, were issued on July 22, 2026. The maturity date for these CPs was August 21, 2026, with the payment also being made on the same day. The sole investor for this issuance was Kotak Mahindra Bank Limited. The payment details are recorded under reference number ICICR52026082100776051.
Source: BSE
