Varroc Engineering Limited — Others, 29-07-2025: Shareholders meeting

Varroc Engineering has released its annual results and announced its upcoming General Meeting. The company reported a consolidated revenue of ₹8,154.1 Cr for the year, an 8.0% increase, with profit after tax at ₹69.7 Cr. It also reduced net debt to ₹971.7 Cr from ₹1,186.1 Cr previously. Major strategic moves include exiting its China joint venture for ₹340 Cr and the successful amalgamation of Varroc Polymers. The Board proposes a dividend of ₹1 per share and plans a share reclassification, sub-dividing existing ₹10 shares into ₹1 shares, alongside amendments to its main business objectives.