BSECompany Update8h ago · 14 Oct 2026, 06:14 pm

Reg 30 update

Varroc Engineering Ltd · 541578

✦ AI Summary▼ NegativeRegulatory

Varroc Engineering Ltd has received a compounding order from the Reserve Bank of India (RBI) for delay in repatriation of dues receivable from a foreign entity under the Foreign Exchange Management Act, 1999. The RBI has imposed a compounding amount of ₹3,91,000/-.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment2/10

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Varroc Engineering Ltd - 541578 - Regulation 30 Update

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VARROC/SE/INT/2026-27/81 October 14, 2026 The Manager- Listing The Manager – Listing The Listing Department, The Corporate Relation Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Bandra- Phiroze Jeejeebhoy Towers, Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai-400051. Mumbai-400 001. NSE Symbol: VARROC BSE Security Code: 541578 Sub: Intimation Under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received a compounding order from the Reserve Bank of India (“RBI”), Foreign Exchange Department, Mumbai in respect of the compounding of delay in repatriation of dues receivable from foreign entity under the provisions of the Foreign Exchange Management Act, 1999 read with Foreign Exchange Management (Overseas Investment) Regulations 2022 (“FEMA”). The requisite details, as applicable, pursuant to Regulation 30 of the SEBI LODR Regulations read with the applicable SEBI circulars, are provided in the Annexure to this disclosure. The Company is making this disclosure for the information of the Stock Exchanges and its stakeholders. We request you to take this on record, and to treat the same as compliance with the applicable provisions of the Listing Regulations. The aforesaid information is also placed on the website of the Company at www.varroc.com. For Varroc Engineering Limited Anil Ghatiya Company Secretary & Compliance Officer Annexure A S. No. Particulars Details 1. Name of the regulatory or licensing Reserve Bank of India, Foreign Exchange authority Department, Mumbai (“RBI”) 2. Nature and details of the action(s) The Company had filed an application with taken or order(s) passed the Reserve Bank of India (“RBI”) seeking compounding of certain contraventions under the provisions of the Foreign Exchange Management Act, 1999 read with Foreign Exchange Management (Overseas Investment) Regulations 2022 (“FEMA”) pertaining to delay in repatriation of dues receivable from a foreign entity. Pursuant to the said application, the RBI has passed a compounding order dated October 13, 2026, imposing a compounding amount of ₹3,91,000/- (Rupees Three Lakh Ninety-One Thousand Only). The compounding application stands disposed of accordingly. 3. Date of receipt of direction or order, Date of Order: October 13, 2026 including any ad-interim or interim orders, or any other communication from the authority; 4. Details of the Delay in repatriation of dues receivable from violation(s)/contravention(s) foreign entity beyond the prescribed period committed or alleged to be committed. under Regulation 9(4) of FEMA (Overseas Investment) Regulations, 2022. 5. Impact on financial, operation or Except for the compounding amount of other activities of the listed entity, ₹3,91,000/-, there is no material impact on quantifiable in monetary terms to the the financial, operational, or other activities extent possible. of the Company. For Varroc Engineering Limited Anil Ghatiya Company Secretary & Compliance Officer