Varroc Engineering has listed Commercial Papers worth ₹50 crore on the National Stock Exchange of India Limited on July 23, 2026. The listing follows the allotment of these unsecured instruments on July 22, 2026, to support short-term funding requirements. The issuance carries a discount rate of 7.20%, with interest paid upfront, and matures on August 21, 2026.

The Commercial Papers were issued in favor of Kotak Mahindra Bank Limited, with ICICI Bank Limited acting as the Issue and Paying Agent. The company has set August 20, 2026, as the record date for the payment of principal obligations, with the redemption due on August 21, 2026.

Key Details of the Issuance

Cash Flow Schedule

The company confirmed there are no special rights attached to these instruments and that they are unsecured, with no charge created over the assets. The intimation was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

varroc engineering has announced a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. The Board of Directors recommended the dividend at its meeting held on May 27, 2026. The payout, if approved by shareholders, will be paid within 30 days of the declaration at the Annual General Meeting.

The company has fixed Friday, August 7, 2026, as the record date to determine the entitlement of members to the final dividend. All shares of the company are held in dematerialised form, and the dividend will be paid only through electronic mode. Shareholders have been requested to ensure their bank account details are updated with their depository participants.

Varroc Engineering will conduct its 38th Annual General Meeting (AGM) on Thursday, August 20, 2026, at 11:00 a.m. IST. The meeting will be held via Video Conference (VC) or Other Audio Visual Means (OAVM) without a physical venue. Members attending through VC/OAVM will be counted for the purpose of reckoning the quorum.

The AGM Notice and Annual Report for FY 2025-26 will be sent electronically to members whose email addresses are registered with the depository participants or the company. Documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited. The company has engaged NSDL to provide remote e-voting and e-voting facilities during the AGM.

Regarding tax compliance, the company stated that dividend income is taxable in the hands of shareholders. Varroc Engineering will deduct tax at source (TDS) at prescribed rates. Members have been advised to update their residential status, PAN, and category details with their depository participants by August 7, 2026, to ensure correct TDS deduction. Resident individuals not liable to pay income tax may submit Form 121 to avail of non-deduction benefits.