Varroc Engineering Limited has received a new ESG rating of 75 from CFC Finlease Private Limited, a SEBI-registered and licensed ESG rating provider. The company announced this development through a regulatory filing dated March 9, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ESG Rating Details

The rating assessment was conducted voluntarily by CFC Finlease based on publicly available information about the company. The rating reflects Varroc Engineering's performance across key Environmental, Social, and Governance parameters as evaluated by the rating agency.

Company's Position on Rating

Varroc Engineering clarified that it did not directly engage CFC Finlease for obtaining this ESG rating. The company received the rating information through BSE Limited, indicating that the assessment was conducted independently by the rating agency without any formal engagement from the company's side.

Existing ESG Ratings

This new rating adds to Varroc Engineering's existing ESG assessments from other rating agencies. The company previously received ratings from:

• CRISIL ESG Ratings & Analytics Limited: ESG 54
• SES ESG Research Private Limited: 70.3

Regulatory Compliance

The company has fulfilled its disclosure obligations under the listing regulations by informing both the National Stock Exchange of India Limited and BSE Limited about this development. The information has also been made available on the company's official website at www.varroc.com , ensuring transparency and compliance with applicable regulatory requirements.

This ESG rating disclosure demonstrates the growing importance of environmental, social, and governance factors in corporate assessment and the increasing focus of rating agencies on evaluating companies across these parameters.

Varroc Engineering Limited has successfully completed the early redemption of its Non-Convertible Debentures (NCDs) through the exercise of call option, demonstrating strong financial management and commitment to timely debt servicing. The company informed stock exchanges about the completion of this significant financial transaction on March 6, 2026.

NCD Redemption Details

The company exercised the call option for early redemption of its 8.6% rated, listed, senior, secured, redeemable, taxable, transferable Non-Convertible Debentures. These NCDs were originally issued on a private placement basis with specific terms and conditions outlined in the debenture trust deed and information memorandum dated September 4, 2023.

Payment Execution

Varroc Engineering demonstrated exemplary financial discipline by completing both interest and principal payments ahead of schedule. The company made the payments on March 6, 2026, one day before the due date of March 7, 2026.

Interest Payment Structure

The NCDs carried a quarterly interest payment structure, with the record date set as February 13, 2026. The last interest payment prior to redemption was made on December 5, 2025. The final interest payment covered the period till the date of exercising the call option and was cleared along with the principal amount.

Transaction Processing

The company executed the payments through RTGS (Real Time Gross Settlement) system, ensuring secure and immediate transfer of funds to debenture holders. The interest payment was processed through RTGS reference ICICR52026030600512476, while the principal amount was transferred via RTGS reference ICICR52026030600513535.

Regulatory Compliance

This transaction was conducted in full compliance with Regulation 57 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also adhered to Regulation 15 of Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, demonstrating its commitment to regulatory compliance and transparency in debt market operations.