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/-.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment2/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Varroc Engineering Ltd - 541578 - Regulation 30 Update
Attachments (1)
📄pdf
Download →
8ba03aa6-0e41-4636-8a43-9564c7b62d4a.pdf
View document text
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