Varroc Engineering has informed the stock exchanges of a scheduled Board of Directors meeting on Wednesday, May 27, 2026, pursuant to Regulation 29 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting has been convened to consider and approve the company's audited financial results for the quarter and financial year ended March 31, 2026, along with several other key corporate matters.

Board Meeting Agenda

The board meeting carries a multi-item agenda covering financial results, capital market activities, and shareholder matters. The following table summarises the key items scheduled for consideration:

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in securities of the company has been closed since Wednesday, April 1, 2026. The trading window will remain closed until 48 hours after the announcement of the audited financial results, i.e., up to Friday, May 29, 2026 (both days inclusive), as communicated by the company vide its earlier intimation dated March 17, 2026.

Regulatory Disclosure

The intimation has been filed with both the National Stock Exchange of India Limited and BSE Limited as required under the applicable listing regulations. The disclosure is also available on the company's official website at www.varroc.com , as well as on the websites of BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Anil Ghatiya, Company Secretary & Compliance Officer, on May 18, 2026.

Varroc Engineering Limited has significantly strengthened its environmental, social, and governance (ESG) credentials, achieving notable improvements in sustainability ratings and operational performance. The global tier-1 automotive components supplier announced these developments on World Earth Day, reinforcing its commitment to sustainable manufacturing and environmental stewardship.

Enhanced ESG Performance and Recognition

The company has achieved substantial progress in external ESG assessments across multiple rating agencies. Building on previous ratings from CRISIL ESG Ratings & Analytics Limited and SES ESG Research Private Limited, Varroc has now received an ESG rating of 75 from CFC Finlease Private Limited, a SEBI-registered ESG Rating Provider.

The EcoVadis improvement has elevated Varroc's global percentile ranking from the 18th to the 34th percentile, earning the company the "Sustainability Committed" badge. This advancement reflects stronger performance relative to global peers and demonstrates the effectiveness of Varroc's ESG framework across its international operations.

Renewable Energy and Carbon Reduction Achievements

Varroc has made substantial progress in transitioning to clean energy and reducing its carbon footprint. The company increased renewable energy usage to approximately 40% of its total electricity consumption in FY25-26, representing 36% of overall energy consumption including process fuels. This marks a substantial year-on-year increase with a clear roadmap to surpass 50% in the near term.

Through efficiency-led initiatives across its global manufacturing footprint, the company reduced energy intensity and avoided over 28,000 tonnes of CO₂ emissions in FY 2026 compared to the previous year. The implementation of over 100 energy efficiency projects worldwide supported an approximately 26% reduction in carbon emissions during FY 2026.

Circular Manufacturing and Water Stewardship

Varroc continues advancing circular manufacturing practices with impressive waste management results. Over 90% of total waste generated is recycled, supported by robust scrap management systems that minimize landfill dependency and improve material efficiency. The company has also achieved year-on-year reduction in overall waste generation.

Water stewardship remains a key priority, particularly in water-stressed regions. Varroc has implemented Zero Liquid Discharge (ZLD) systems across key facilities, enabling over 90% wastewater recycling and reuse, reinforcing its commitment to responsible water management.

Kham River Restoration Impact

Extending sustainability efforts beyond operations, Varroc continues contributing to the restoration of the Kham River through comprehensive environmental initiatives. The restoration project has achieved significant measurable impact:

The Kham River Restoration Mission received global recognition as one of the top five finalists worldwide for the WRI Ross Center Prize for Cities, selected from over 200 applications across 148 cities in 62 countries. This recognition reinforces that locally rooted, data-led, and community-driven environmental action can meet the highest global benchmarks.

Leadership Perspective and Future Outlook

Chairman and Managing Director Tarang Jain emphasized the company's commitment, stating that environmental sustainability shapes every aspect of Varroc's operations and growth. The improvement in ESG ratings reflects progress across energy transition, emissions reduction, and responsible manufacturing.

Looking ahead, Varroc will continue focusing on key improvement areas, including Scope 3 emissions, deeper supply chain ESG integration, and enhanced external assurance, with a target to further improve its EcoVadis score. As ESG considerations increasingly influence investor decisions, Varroc's improving ratings and disclosures strengthen its positioning among global automotive component players, enhancing stakeholder confidence and supporting long-term value creation.