Varroc Engineering Limited — QIP/Rights/Pref., 21-05-2025: Issue of Securities

Varroc Engineering Limited has issued Commercial Paper worth Rs. 50 Cr to Kotak Mahindra Bank Ltd. This involves 1,000 units priced at Rs. 4,90,921.5 each, carrying a 7.5% discount rate, with a 90-day maturity. The raised funds will support the company’s short-term financing. The Commercial Paper is planned for listing on the National Stock Exchange, with ICICI Bank as the intermediary.