Varroc Engineering has announced a partial redemption of its Non-Convertible Debentures (NCDs). The original face value per NCD was Rs. 1,00,000, now reduced to Rs. 68,750. The face value to be redeemed is Rs. 6,250, resulting in a post-redemption face value of Rs. 62,500. The total number of NCDs remains unchanged at 25,000. This redemption was due on December 7, 2025, and paid on December 5, 2025.
NCD Redemption Details
Varroc Engineering Limited has confirmed the partial redemption of its Non-Convertible Debentures (NCDs) as of January 27, 2026. The details of the redemption are as follows:
Key Figures
Original Face Value per NCD: Rs. 1,00,000 (at the time of issuance)
Current Face Value per NCD: Rs. 68,750 (due to partial redemption)
Face Value per NCD to be redeemed: Rs. 6,250
Post-redemption Face Value per NCD: Rs. 62,500 (upon upcoming redemption)
Number of NCDs: 25,000 (remains unchanged since allotment)
Important Dates
The last part-redemption of face value was due on December 7, 2025, and paid on December 5, 2025.
Additional Information
The outstanding amounts, along with applicable interest, are being paid as per the scheduled terms agreed between the Company and the Debenture Trustee/ holder.
Source: BSE
