Varroc Engineering Limited Confirms No Deviation in Utilization of Issue Proceeds
Varroc Engineering Limited announced on April 1, 2026, that there was no deviation in the utilization of funds raised through commercial paper during the fiscal year 2025-26.The company issued a total of Rs. 50 crore through commercial paper in Q1, Q2, and Q4 of FY 2025-26. The commercial paper issuances and redemption dates were as follows:
- Rs. 50 crore issued May 21, 2025, redeemed August 19, 2025.
- Rs. 50 crore issued August 22, 2025, redeemed November 20, 2025.
- Rs. 50 crore issued January 1, 2026, redeemed January 27, 2026.
- Rs. 50 crore issued January 28, 2026, redeemed February 27, 2026.
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Summary of Commercial Paper Issuances
| Name of listed entity | Varroc Engineering Limited |
|---|---|
| Mode of Fund Raising | Commercial Paper |
| Date of Raising Funds | See above |
| Amount Raised | As above |
| Report filed for Quarter ended | March 31, 2026 (FY 2025 -26) |
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