Varroc Engineering Limited — Important, 03-01-2025: Updates

Varroc Engineering Limited confirmed the payment of interest and principal obligations related to its Non-Convertible Securities during the recent quarter. The company issued ₹250 crore in securities with a maturity date set for September 7, 2028, carrying a coupon rate of 8.60% per annum, payable quarterly. On December 7, 2024, Varroc paid a total amount of approximately ₹20.99 crore, which included ₹15.63 crore in principal and ₹5.36 crore in interest. This timely payment may enhance investor confidence, reflecting the company's commitment to meeting its financial obligations effectively.