Varroc Engineering Limited confirmed the full redemption of its outstanding Commercial Papers (CPs) totaling Rs. 50 Crore. This action fulfills the company’s payment obligation, as detailed in their communication dated February 27, 2026. The specific Commercial Paper referenced was issued on January 28, 2026, and matured on February 26, 2026. The payment for this redemption was successfully processed on February 27, 2026.
Confirmation of Debt Settlement
Varroc Engineering Limited has officially announced the complete settlement of its financial commitment regarding certain Commercial Papers (CPs). The total principal amount redeemed amounted to Rs. 50 Crore. This action is in compliance with the company’s financial obligations and relates to CPs issued previously.
Details of Commercial Paper Redemption
The redemption pertains to the Commercial Papers identified by ISIN INE665L14442. The key dates and parties involved in this transaction are as follows:
- Date of Issue: January 28, 2026
- Maturity Date: Thursday, February 26, 2026
- Payment Date: Friday, February 27, 2026
- Investor Name: Kotak Mahindra Bank Limited
- Amount Paid: Rs. 50 Cr
The management confirms that this payment obligation has been fully discharged, as referenced in their prior communications dated January 28, 2026 and January 29, 2026.
Corporate Disclosure Compliance
The disclosure regarding this redemption was made on February 27, 2026, by Mr. Anil Ghatiya, Company Secretary & Compliance Officer, ensuring timely adherence to relevant corporate reporting requirements.
Source: BSE
