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News Details

( As on 03/04/2024 12:18)

Varroc Engineering - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyVarroc Engineering Ltd
2CIN NO.L28920MH1988PLC047335
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 750.52
4Highest Credit Rating during the previous FY IND-A+Stable
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)INDIA RATINGS AND RESEARCH PVT. LTD.
5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No



Name of the Company Secretary: Ajay Kumar Sharma
Designation: Company Secretary and Group General Counsel
EmailId: ajay.sharma@varroc.com
Name of the Chief Financial Officer: K Mahendra Kumar
Designation: Group Chief Financial Officer
EmailId: mahendra.k@varroc.com

Date: 03/04/2024

Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.