Varroc Engineering Limited — Others, 01-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

Varroc Engineering Limited has submitted a statement confirming no fund-raising activities during Q4 FY 2024-25 and reported no deviations in the use of proceeds from its Commercial Paper issued earlier in the fiscal year. The company raised ₹50 Cr in Q2 and ₹50 Cr in Q3, both for specified purposes outlined in their offer document. This clarity on fund utilization implies a stable financial posture, reinforcing investor confidence in the company's fiscal management. The absence of new fundraising keeps the focus on operational integrity, which may attract a positive outlook among investors regarding future growth.