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Twenty First Century Management Services Ltd

Varroc Engineering Ltd

BSE : 541578|NSE : VARROC|ISIN : INE665L01035

Varroc Engineering Ltd Company History

Varroc Engg. is engaged in the business of manufacturing of automobile components.

2005
2007
2008
2011
2012
2014
2018
2019
2022

2005

Formed Varroc Exhaust Systems Private Limited to manufacture catalytic convertor for twowheelers and three-wheelers

2005

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2007

Formed a joint venture with Plastic Omnium Auto Exterior SAS, France

Acquired I.M.E.S., Italy

2007

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2008

Entered into a composite scheme of arrangement between Varroc Lighting Private Limited (VLPL”), VPPL and the Company whereby VLPL was amalgamated with the Company and the polymer business of the Company was demerged into VPPL

2008

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2011

Acquired two-wheeler lighting business of TRI.O.M. S.p.A.

2011

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2012

Acquired the lighting division of Visteon Corporation

2012

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2014

Acquired of 50% stake in Varroc TYC Corporation, BVI from Viseton International Holdings Inc.

Investment in the Company by Investor Selling Shareholders

2014

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2018

Acquired 90% stake in Team Concepts through the Subsidiary VPPL

Investment in two- wheeler electronic fuel injection technology by entereing into a joint venture agreement with Dell'Orto S.p.A.

Investment in lighting manufacturing units in Brazil & Morocco

Diversified its business activities by acquiring Team Concepts, which is in the business of manufacturing of auto accessories.

2018

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2019

Amalgamation of Varroc Lighting Systems (India) Pvt. Ltd. with Varroc Engineering Ltd.

Varroc Engineering acquired 74% stake in equity share capital of CarlQ Technologies Pvt. ltd.

2019

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2022

Varroc has signed a Securities Purchase Agreement (SPA) with Compagnie Plastic Omnium SE of France to divest its 4-wheeler lighting systems operations in the Americas and Europe.

Varroc Engineering on Saturday announced that it incorporated a wholly-owned subsidiary, VL Lighting Solutions.

2022

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