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Varroc Engineering Ensures Timely NCD Payment and Partial Redemption

Story Highlights
  • Varroc Engineering specializes in automotive components like lighting and powertrains.
  • The company timely paid interest and partially redeemed its NCDs, boosting market reliability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Varroc Engineering Ensures Timely NCD Payment and Partial Redemption

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An announcement from Varroc Engineering Limited ( (IN:VARROC) ) is now available.

Varroc Engineering Limited has announced the timely payment of interest and partial redemption of its Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs). This financial maneuver underscores the company’s commitment to maintaining its financial obligations and could positively impact its reputation among stakeholders, reinforcing its reliability in the market.

More about Varroc Engineering Limited

Varroc Engineering Limited operates in the automotive industry, specializing in the production of automotive components. The company focuses on providing a range of products including lighting systems, powertrains, and electrical parts, catering primarily to the needs of vehicle manufacturers.

Average Trading Volume: 9,543

Technical Sentiment Signal: Strong Buy

Current Market Cap: 86.3B INR

See more insights into VARROC stock on TipRanks’ Stock Analysis page.

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