VEVarroc Engineering541578RPT disclosure

Related party transactions disclosed for the half year ended September 30, 2026

Varroc Engineering shared its consolidated related party transaction disclosure for the half year ended September 30, 2026.

By ScoutQuest · Wed 4 Nov 2026, 3:28 PM IST · 2 min read

Corporate guarantee - Varroc Electronics Romania S.r.l.

940.89 for the period

Dividend received from Durovalves India Private Limited

94.34

Remuneration to Mr. Tarang Jain, Chairman and Managing Director

98.55

What has been disclosed

Varroc Engineering has shared its consolidated related party transaction disclosure for the half year ended September 30, 2026. The table lists transactions between the listed company, its subsidiaries and step-down subsidiaries, its joint ventures, and persons or entities connected with its directors and key managerial personnel.

For each line it shows the type of transaction, the audit committee approved limit, whether the actual amount stayed within that limit, and the value for the reporting period. Every line carries the remark Within Limit. The figures below are reproduced exactly as printed in the table.

Commercial transactions

• Sale of goods or services to Varroc Dellórto Private Limited, a jointly controlled entity: 227.97 for the period.
• Sale and purchase of goods or services with Durovalves India Private Limited, a direct subsidiary, appear on both the sales and the purchases side.
• Purchases of goods or services from overseas step-down subsidiaries, including those in Poland and Changzhou, are also listed.
• Rent, management consultancy fees and reimbursement of expenses between group entities form part of the table.

Guarantees and loans

• Corporate guarantees extended for Varroc Electronics Romania S.r.l.: 940.89 for the period.
• Corporate guarantees extended for Industria Meccanica E Stampaggio S.p.a.: 80.95 for the period.
• Loans given during the period include Varroc Connect Private Limited at 42.00.
• Interest received from, and loans given to, the Dutch holding entities in the group are also listed.

Dividends

• Dividend received from Durovalves India Private Limited: 94.34.
• Dividend received by Varroc Italy S.p.A. from Varroc Vietnam Co. Ltd.: 390.80.
• Dividends were also received from Varroc Japan Co. Limited and by VarrocCorp Holding B.V. from Varroc Italy S.p.A.

Directors and key managerial personnel

• Remuneration to Mr. Tarang Jain, Chairman and Managing Director: 98.55.
• Remuneration is also reported for the other whole-time directors, the Group Chief Finance Officer and the Company Secretary.
• Corporate Social Responsibility contribution to Varroc Foundation: 19.30.
• Sitting fees and professional charges paid to independent directors are listed as well.

How to read this

• This is a periodic transparency disclosure. It shows who the company transacts with and the size of those dealings, not a change in its business performance.
• A large part of the activity is between the company and its own subsidiaries, covering sales, purchases, loans, guarantees and interest. These are internal group flows rather than transactions with outside customers.
• The Within Limit remark means the audit committee had fixed a ceiling in advance and the reported amount stayed inside it.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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