Varroc Engineering Limited filed a regulatory disclosure under SEBI Listing Regulations (Regulation 30) intimating the listing and record date details for its Commercial Paper (CP) issuance.
The company announced that its Commercial Papers worth ₹50 Crores have been listed on the National Stock Exchange of India Limited on July 23, 2026. This follows the company's previous communication dated July 22, 2026, regarding the issue and allotment of these CPs.
Commercial Paper Details:
- Security Description: Commercial Paper
- Listing Status: Listed
- Investor: Kotak Mahindra Bank Limited
- Issue Size: ₹50 Crores
- Date of Issue: July 22, 2026
- Date of Redemption: August 21, 2026
- Face Value per security: ₹5,00,000
- Issue Price: ₹4,97,058.5
- Number of Units: 1000
- Discount Rate: 7.20%
- Tenure: 30 Days
- IPA (Issuing and Paying Agent): ICICI Bank Limited
Cash Flow Schedule:
- Redemption Record Date: Thursday, August 20, 2026
- Redemption Due Date: Friday, August 21, 2026
- Redemption Amount Payable: ₹50,00,00,000 (₹50 Crores)
The disclosure references SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025, as amended, governing the issue and listing of Non-Convertible Securities including Commercial Papers.
The communication was digitally signed by Anil Ghatiya, Company Secretary & Compliance Officer of Varroc Engineering Limited, on July 23, 2026, at 15:04:42 IST.