Varroc Engineering Limited Appoints Ajay Kumar Sharma as Company Secretary and Key Managerial Personnel; Declares Interim Dividend
February 13, 2020 at 02:23 pm IST
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Varroc Engineering Limited at its board meeting held on February 13, 2020, appointed Mr. Ajay Kumar Sharma, Compliance Officer has been appointed as Company Secretary and Key Managerial Personnel of the Company with effect from February 13, 2020. He shall be designated as Group General Counsel and Company Secretary.
The Board also declared an interim dividend of INR 3 per equity share of face value of INR 1 each (that is at 300%). February 21, 2020, has been fixed as the Record Date for the purpose of determining the shareholders eligible for Interim Dividend.
Varroc Engineering Limited is an India-based automotive component company. The Company manufactures and supplies electrical-electronic, polymer, metallic, exterior lighting and advanced safety systems to leading original equipment manufacturer (OEMs), with end-to-end capabilities across design, development and manufacturing. Its segments include Automotive and Others. The Automotive segment consists of the business of automobile products consisting of auto parts for two-wheelers, three-wheelers and four-wheelers and related design, development and engineering activities and other services. The Others segment comprise of forging components for off road vehicles and components for mining and oil drilling industry. It offers diverse product line in valves, transmission, engine parts and heavy forging. It is a supplier of outdoor lighting systems to OEMs. It also offers air filter, assemblies mirror, door trims, central console, traction motor and controller, and telematics control unit.
VARROC ENGINEERING LIMITED 
