Varroc Engineering Announces 38th AGM and Recommends Final Dividend of Re. 1.50 Per Share
Varroc Engineering Limited has announced details regarding its 38th Annual General Meeting (AGM) for shareholders, along with a recommendation for a final dividend for the financial year ended March 31, 2026. The company also provided members access to the Annual Report and detailed information concerning unpaid dividends that are subject to transfer to the Investor Education and Protection Fund (IEPF).The AGM of Varroc Engineering Limited is scheduled to be held on Thursday, August 20, 2026, at 11:00 a.m., conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company has provided the web-link and path for accessing the Annual Report for Financial Year 2025-26. Members can download the report from https://www.varroc.com/upload/financial_results/annualreport2026.pdf, or find it on the corporate website under Investors >> Financial Results >> Annual Report >> FY 2025-26.
The Board of Directors meeting held on May 27, 2026, recommended a Final Dividend at the rate of Re. 1.50/- (Rupee One Rupee and Fifty paisa only) per Equity Share of Re. 1/- each (150%), on the paid-up Equity Share capital of the company for the Financial Year ended March 31, 2026. If this dividend is declared at the forthcoming AGM, it will be paid to eligible members within 30 days of the declaration date.
Key details pertaining to the Annual General Meeting are provided below:
| Particulars | Details |
|---|---|
| Date and Time of AGM | Thursday, August 20, 2026, at 11:00 a.m. |
| Cut-off date for e-voting | Thursday, August 13, 2026 |
| E-voting start time and date | 9:00 a.m. (IST) on Monday, August 17, 2026 |
| E-voting end time and date | 5:00 p.m. (IST) on Wednesday, August 19, 2026 |
| Record Date for Final Dividend | Friday, August 7, 2026 |
The company also provided specific details regarding unpaid dividends, in line with statutory requirements under the Companies Act, 2013 and IEPF Rules. Shareholders are informed that the 'Final Dividend for FY 2018-19' and 'Interim Dividend for FY 2019-20' are slated to be transferred to the Investor Education and Protection Fund (IEPF) during FY 2026-27 if these dividends remain unclaimed.
The details of unpaid dividend accounts and corresponding due dates for transfer to the IEPF Authority are as follows:
| Sr. No | Financial Year | Declaration Date | Due date of transfer to IEPF |
|---|---|---|---|
| 1 | Final Dividend FY 2018-19 | 09.08.2019 | 15.09.2026 |
| 2 | Interim Dividend FY 2019-20 | 13.02.2020 | 21.03.2027 |
| 3 | Final Dividend FY 2024-25 | 21.08.2025 | 27.09.2032 |
Shareholders are requested to ensure that they receive the company's communications via email, as all shares are held in dematerialised form, and dividends will be paid through electronic mode within 30 days from the date of the AGM. Members are encouraged to register or update their KYC documents, mobile number, email addresses, and bank account details with their respective Depository Participants.
VARROC Stock Price Movement
Varroc Engineering Limited shares slipped by 1.61% on Tuesday, closing at ₹658.70 after trading in the market. The stock saw a volume of 60,586 shares recorded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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