Varroc Engineering Limited — Important, 01-04-2025: Updates

Varroc Engineering Limited has confirmed the payment of interest and principal obligations related to its Non-Convertible Securities (NCS) for the quarter ending March 31, 2025. The company issued Rs. 250 Cr worth of NCS with a maturity date in September 2028 and a coupon rate of 8.60% per annum. The total amount due comprised Rs. 4.97 Cr in interest and Rs. 15.63 Cr in principal, both of which were paid on March 7, 2025. This timely fulfillment of obligations indicates a positive approach to maintaining financial commitments, reinforcing investor confidence. Shareholders should consider this as a sign of the company’s commitment to its debt holders and overall financial health.