Varroc Engineering Limited — Important, 16-12-2024: Updates

Varroc Engineering Limited has provided details about interest and principal payment obligations for its Non-Convertible Debentures due in Q4 of FY 2024-25. The company has issued debentures amounting to ₹250 crore at an 8.60% annual coupon rate, with quarterly payments. As of now, ₹234.38 crore remains outstanding. The upcoming payment on March 7, 2025, includes interest of approximately ₹4.97 crore and principal repayment of ₹15.63 crore. This upcoming obligation reflects the company’s financial commitments and should be monitored closely by investors as it may impact cash flow and future operational capacity.