The win marks a major milestone in Varroc’s expansion into the fast-growing electric mobility space and reinforces its position as a trusted technology partner for global OEMs.
Under the multi-year agreement, Varroc will supply a full suite of high-voltage electronic components, including power electronics units, inverters, onboard chargers, battery management systems (BMS) and DC-DC converters. Production will be carried out at the company’s manufacturing facility in Romania, which will cater to global quality and delivery standards.
The supply programme will run for eight years. Based on projected volumes, Varroc will need to install peak annual capacity worth Rs 8,000 crore, the company said.
Varroc Engg. is engaged in the business of manufacturing of automobile components. The Company is a public company domiciled in India and is incorporated under the provisions of the Companies Act applicable in India.
The company’s consolidated net profit jumped 9.5% to Rs 60.95 crore on 6.1% increase in revenue from operations to Rs 2,207.34 crore in Q2 FY26 over Q2 FY25.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."