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

Varroc Engineering has announced the early redemption of a significant portion of its 8.6% Non-Convertible Debentures (NCDs).

**What happened:** The company exercised its call option to redeem NCDs worth approximately ₹171.88 Cr ahead of their scheduled maturity. Alongside, it made a timely interest payment of approx. ₹3.64 Cr.

**Possible impact:** This move demonstrates proactive debt management, reducing the company's overall debt burden and potentially lowering future interest expenses. It signals improved financial flexibility and a stronger balance sheet.

**Company's response:** By utilizing the call option, Varroc is strategically paying off debt early, optimizing its capital structure.