Varroc Engineering reports full utilization of commercial paper funds

Varroc Engineering Limited announced on October 6, 2025, that there has been no deviation or variation in the utilization of funds raised through its commercial paper issuance. The company raised ₹50.00 crores in Q2 FY 2025-26, with the allotment occurring on August 22, 2025. These proceeds were fully utilized for the object stated in its offer document/General Information Document.

The confirmation, issued as part of its compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, covers the quarter ended September 30, 2025. The company also stated that there were no other fund-raising activities during this period.

The report emphasizes that the funds were used in strict accordance with the original disclosed purposes, highlighting financial transparency and adherence to regulatory guidelines. Anil Ghatiya, company secretary & compliance officer, digitally signed the report.