BSECompany Update2d ago · 28 Aug 2026, 03:56 pm
Update on ongoing Litigation
Varroc Engineering Ltd · 541578
✦ AI SummaryLitigation
Varroc Engineering Ltd has updated on ongoing litigation with Opmobility Lighting Holding Plastic Omnium Group Company, a private limited liability company incorporated under the laws of France, regarding a supply agreement dispute. The company's step-down subsidiary, Varroc Electronics Romania S.R.L., has initiated procedural steps for withdrawal in connection with the pending appeal proceedings and has commenced fresh proceedings against Opmobility and its subsidiaries seeking recovery of approximately EUR 67 million.
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Varroc Engineering Ltd - 541578 - Reg30 Initimation
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VARROC/SE/INT/2026-27/68 August 28, 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, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Dalal Street, Fort,
Bandra (East), Mumbai-400051 Mumbai-400001.
NSE Symbol: VARROC BSE Security Code: 541578
Dear Sir/ Madam,
Sub & Ref: Disclosure under Regulation 30 of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI LODR Regulations”) and our communication dated July 8, 2025 and March
20, 2026
With reference to the captioned Regulations, this is an update on the outstanding claim
instituted by the step-down subsidiary of the Company viz. Varroc Electronics Romania
S.R.L. (“VeR”) under the Supply Agreement executed between VeR and Opmobility
Lighting Holding (“OP Mobility”) Plastic Omnium Group Company, a private limited
liability Company incorporated under the laws of France.
The details as required under regulation 30 of SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure
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 being
placed on the website of the Company at www.varroc.com.
Yours faithfully,
For Varroc Engineering Limited
Anil Ghatiya
Company Secretary & Compliance Officer
Annexure – A
Details required as per Regulation 30 of the SEBI LODR Regulations read with the Master Circular
S. No. Particulars Details
1. Brief details of dispute/litigation
(a) Name of the opposing party Opmobility Lighting Holding Plastic Omnium Group
Company, a private limited liability company
incorporated under the laws of France and registered
with the Commercial and Companies Registry of Lyon
under no. 908 521 651, having its registered offices at
19, boulevard Jules Carteret, 69007 Lyon, France
including its subsidiaries (“OP Mobility”)
(b) Name of Court/Tribunal/Agency Paris Court of Appeal / Paris Commercial Court (“the
Court”)
(c) Brief details of dispute/litigation As intimated earlier, initially VeR filed the claim against
OP Mobility before Paris Commercial Court.
In continuation of the Company's earlier disclosure
regarding the dispute arising out of Supply Agreement
involving VeR and OP Mobility before the courts in
France, VeR has initiated procedural steps for
withdrawal in connection with the pending appeal
proceedings and has commenced fresh proceedings
before the Paris Commercial Court against OP Mobility
and certain of its subsidiaries arising out of the same
Supply Agreement, seeking recovery of approximately
EUR 67 million. The matters are at a preliminary stage
and notices are currently in the process of being served
on OP Mobility. Any further developments in the
above matters will be informed to the Stock exchanges
from time to time.
2. Expected Financial Implications The financial implications, if any, will be determined
based on the outcome of the proceedings, which are
currently ongoing.
3. Quantum of Claims EURO 67 million plus other costs