5415782024-10-012024-12-315415782024-12-315415782024-10-012024-12-31CompositionOfBoardOfDirectors15415782024-12-31CompositionOfBoardOfDirectors15415782024-10-012024-12-31CompositionOfBoardOfDirectors25415782024-12-31CompositionOfBoardOfDirectors25415782024-10-012024-12-31CompositionOfBoardOfDirectors35415782024-12-31CompositionOfBoardOfDirectors35415782024-10-012024-12-31CompositionOfBoardOfDirectors45415782024-12-31CompositionOfBoardOfDirectors45415782024-10-012024-12-31CompositionOfBoardOfDirectors55415782024-12-31CompositionOfBoardOfDirectors55415782024-10-012024-12-31CompositionOfBoardOfDirectors65415782024-12-31CompositionOfBoardOfDirectors65415782024-10-012024-12-31CompositionOfBoardOfDirectors75415782024-12-31CompositionOfBoardOfDirectors75415782024-10-012024-12-31CompositionOfBoardOfDirectors85415782024-12-31CompositionOfBoardOfDirectors85415782024-10-012024-12-31CompositionOfBoardOfDirectors95415782024-12-31CompositionOfBoardOfDirectors95415782024-10-012024-12-31CompositionOfCommittees145415782024-12-31CompositionOfCommittees145415782024-10-012024-12-31CompositionOfCommittees155415782024-12-31CompositionOfCommittees155415782024-10-012024-12-31CompositionOfCommittees165415782024-12-31CompositionOfCommittees165415782024-10-012024-12-31CompositionOfCommittees175415782024-12-31CompositionOfCommittees175415782024-10-012024-12-31CompositionOfCommittees415415782024-12-31CompositionOfCommittees415415782024-10-012024-12-31CompositionOfCommittees425415782024-12-31CompositionOfCommittees425415782024-10-012024-12-31CompositionOfCommittees435415782024-12-31CompositionOfCommittees435415782024-10-012024-12-31CompositionOfCommittees685415782024-12-31CompositionOfCommittees685415782024-10-012024-12-31CompositionOfCommittees695415782024-12-31CompositionOfCommittees695415782024-10-012024-12-31CompositionOfCommittees705415782024-12-31CompositionOfCommittees705415782024-10-012024-12-31CompositionOfCommittees955415782024-12-31CompositionOfCommittees955415782024-10-012024-12-31CompositionOfCommittees965415782024-12-31CompositionOfCommittees965415782024-10-012024-12-31CompositionOfCommittees975415782024-12-31CompositionOfCommittees975415782024-10-012024-12-31CompositionOfCommittees985415782024-12-31CompositionOfCommittees985415782024-10-012024-12-31CompositionOfCommittees995415782024-12-31CompositionOfCommittees995415782024-10-012024-12-31CompositionOfCommittees1005415782024-12-31CompositionOfCommittees1005415782024-10-012024-12-31CompositionOfCommittees1225415782024-12-31CompositionOfCommittees1225415782024-10-012024-12-31CompositionOfCommittees1235415782024-12-31CompositionOfCommittees1235415782024-10-012024-12-31CompositionOfCommittees1245415782024-12-31CompositionOfCommittees1245415782024-10-012024-12-31CompositionOfCommittees1495415782024-10-012024-12-31CompositionOfCommittees1505415782024-10-012024-12-31CompositionOfCommittees1515415782024-12-31MeetingOfBoardOfDirectors15415782024-10-012024-12-31MeetingOfBoardOfDirectors15415782024-12-31MeetingOfBoardOfDirectors25415782024-10-012024-12-31MeetingOfBoardOfDirectors25415782024-10-012024-12-31MeetingOfCommittees15415782024-12-31MeetingOfCommittees15415782024-10-012024-12-31MeetingOfCommittees25415782024-12-31MeetingOfCommittees25415782024-10-012024-12-31MeetingOfCommittees35415782024-12-31MeetingOfCommittees35415782024-10-012024-12-31MeetingOfCommittees45415782024-12-31MeetingOfCommittees45415782024-09-305415782024-12-31OngoingTaxLitigationsOrDisputesDomain15415782024-12-31OngoingTaxLitigationsOrDisputesDomain2xbrli:pure541578VARROCNAINE665L01035VARROC ENGINEERING LIMITED2024-04-012025-03-31Quarterly2024-12-31EquitytruetruefalseThis is applicable to the Company however not applicable during the December 24 Quarter. No investments/acquisition took place in last QuarterfalseThis is applicable to the Company however not applicable during the December 24 Quarter. No penalties imposed during the last QuartertruetrueTop 1000 listed entitiestrueCOMZ00379OriginaltruetrueMrTarang Jain00027505Executive DirectorChairperson related to PromoterMD1962-03-21falseActiveNA1988-05-112023-02-062150MrArjun Jain07228175Executive DirectorNot Applicable1989-10-22falseActiveNA2018-08-072023-08-071010MrGautam Khandelwal00270717Non-Executive - Independent DirectorNot Applicable1962-04-01falseActiveNA2011-03-242020-07-20603144MrVinish Kathuria01951771Non-Executive - Independent DirectorNot Applicable1971-07-02falseActiveNA2018-02-062023-02-06601140MrsVijaya Sampath00641110Non-Executive - Independent DirectorNot Applicable1953-05-26falseActiveNA2017-07-202020-07-20607771MrMarc Szulewicz01911768Non-Executive - Independent DirectorNot Applicable1947-03-26falseActiveYes2020-08-142017-07-202020-07-20601100Individual is foreign entity PAN is not applicable.MrDhruv Jain09710448Non-Executive - Non Independent DirectorNot Applicable1995-04-11falseActiveNA2022-09-011000MrVidhydhar Limaye06720053Executive DirectorNot Applicable1967-06-25falseActiveNA2024-11-131000MrTarun Tyagi10204986Executive DirectorNot Applicable1971-10-21falseInactiveNA2023-08-092024-11-131000OtherstruetruetruetruetrueAudit Committee00270717Gautam KhandelwalNon-Executive - Independent DirectorChairperson2018-02-06Audit Committee00641110Vijaya SampathNon-Executive - Independent DirectorMember2018-02-06Audit Committee00027505Tarang JainExecutive DirectorMember2018-02-06Audit Committee01951771Vinish KathuriaNon-Executive - Independent DirectorMember2018-11-13Nomination and remuneration committee00270717Gautam KhandelwalNon-Executive - Independent DirectorChairperson2018-02-06Nomination and remuneration committee00641110Vijaya SampathNon-Executive - Independent DirectorMember2018-02-06Nomination and remuneration committee01911768Marc SzulewiczNon-Executive - Independent DirectorMember2018-02-06Stakeholders Relationship Committee00270717Gautam KhandelwalNon-Executive - Independent DirectorChairperson2018-02-06Stakeholders Relationship Committee01951771Vinish KathuriaNon-Executive - Independent DirectorMember2020-08-14Stakeholders Relationship Committee07228175Arjun JainExecutive DirectorMember2020-08-14Risk Management Committee00641110Vijaya SampathNon-Executive - Independent DirectorChairperson2019-04-03Risk Management Committee01951771Vinish KathuriaNon-Executive - Independent DirectorMember2019-04-03Risk Management Committee00027505Tarang JainExecutive DirectorMember2019-04-03Risk Management Committee07228175Arjun JainExecutive DirectorMember2020-04-29Risk Management Committee99999999K Mahendra KumarMemberMember2022-11-14DIN not applicable -Group CFO Member of CommitteeRisk Management Committee99999999Manoj DharMemberMember2023-08-09DIN not applicable -Chief Internal Auditor Member of CommitteeCorporate Social Responsibility Committee00027505Tarang JainExecutive DirectorChairperson2014-04-07Corporate Social Responsibility Committee07228175Arjun JainExecutive DirectorMember2020-04-29Corporate Social Responsibility Committee00270717Gautam KhandelwalNon-Executive - Independent DirectorMember2014-04-07Other Committee00027505Tarang JainENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STEERING COMMITTEEExecutive DirectorChairpersonOther Committee07228175Arjun JainENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STEERING COMMITTEEExecutive DirectorMemberOther Committee00270717Gautam KhandelwalENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STEERING COMMITTEENon-Executive - Independent DirectorMember2024-08-07true8732024-11-1397Mr. Vidyadhar Limaye -DIN 06720053 was appointed as Additional Director and Whole time Director and Mr. Tarun Tyagi, DIN- 10204986 ceased to be a Whole Time Director effective from November 13, 2024, and these both the directors were present in the same Board meeting held on November 13, 2024true994Audit Committee2024-08-07true4320Audit Committee2024-11-1397true4430Nomination and remuneration committee2024-11-13true3330Risk Management Committee2024-11-13true4422truetruetruetrueYestruetruetrueAJAY KUMAR SHARMACompany Secretary and Compliance OfficerfalseAjay Kumar SharmaCompany Secretary and Compliance OfficerAurangabad (Chhatrapati Sambhaji Nagar)2025-01-2200000The Company has received an Order- In-Original (Form DRC-07) in the matter of classification of goods supplied during the period from July 1, 2017 to September 30, 2023 and accordingly ordered to appropriate the tax already paid by the Company of Rs. 62,99,25,494/-. Penalty of 100% of GST and applicable interest along with a general penalty of Rs. 25,000/-. The issue involved in the instant case is an industry wide matter. Considering the merits of the case, the Company intends to initiate legal procedure within time limit prescribed under the GST Law. The Company is hopeful of a favourable outcome thereof and does not expect the said Order to have any material financial impact on the Company.Name of Authority - Commissioner of CGST & Central Excise, N-5, Town Centre, CIDCO, Aurangabad – 431 0032024-05-15The Company intends to initiate legal procedure within time limit prescribed under the GST Law.The Company intends to initiate legal procedure within time limit prescribed under the GST Law.Beste Motors Co. Ltd. jointly with TYC Brother Industrial Co. Ltd.2021-11-01The arbitration was initiated by the Company due to disputes with Beste Motors Co. Ltd. jointly with TYC Brother Industrial Co. Ltd. (collectively referred to as “TYC”), and Varroc TYC Corporation arising out of TYC’s breaches of the shareholders’ agreement dated January 29, 2013 and the articles of association of their joint venture companies i.e.: (i) Varroc TYC Auto Lamps Co. Ltd., Changzhou, China, and (ii) Varroc TYC Auto Lamps Co. Ltd., Chongqing, ChinaThe Matter is disposed off. A partial arbitration award (“Award”) passed by an arbitral tribunal seated in Singapore pursuant to the Rules of Arbitration of the International Chambers of Commerce, International Court of Arbitration, 2021 (“ICC Rules”) on 11th December, 2024.The Award states that VarrocCorp Holding B.V (Company’s WOS) shall transfer its shareholding of 50% in Varroc TYC Corporation (and consequently, the JV Subsidiaries) to Beste Motors Co. Ltd. for a consideration of RMB 310.5 million within 45 days of the Award. Additionally, the award as to cost is yet to be decided by the arbitral tribunal. The Company is analyzing the Award, including its financial implications, and is assessing the legal options available in this regard. Based on the legal advice, Varroc shall decide on the appropriate course of action.