Varroc Engineering Limited — Important, 06-03-2026: Disclosure of material issue

Varroc Engineering has fully repaid 8.6% Non-Convertible Debentures (NCDs) worth ₹171.88 Cr by exercising a call option.

**Issue/Action:** The company opted for early redemption of its 8.6% NCDs. An interest amount of ₹3.64 Cr was paid along with the principal.

**Possible Impact:** This move reduces the company's debt burden and lowers future interest expenses, positively impacting its financial health and balance sheet structure.

**Company's Response:** Varroc Engineering proactively utilized its call option to clear this debt ahead of schedule.