Varun Beverages Ltd

Varun Beverages Management Change

Varun Beverages Limited announced the resignation of Mr. Manmohan Rupal Paul from his position as Chief Operating Officer, effective September 24, 2026.

Varun Beverages Capacity Expansion

VBL's Zimbabwe subsidiary signed an exclusive Mondelez confectionery distribution deal effective October 2026. No new capex is planned, leveraging the existing distribution network.

Varun Beverages Business Update

Varun Beverages' Kenyan subsidiary launched two new brands, BOLT UP (energy drink) and XTREME FIZZ (soft drink), to expand its market presence in Africa.

Varun Beverages Employee Stock Options

Varun Beverages allotted 29,750 equity shares to employees upon exercise of vested ESOP 2016 options. Paid-up capital increased to 338,24,94,644 shares.

Varun Beverages Merger & Restructuring

Varun Beverages Limited has incorporated a new wholly-owned subsidiary in India named KIVA Spirits and Company Limited. This follows the board's prior approval on August 25, 2026.

Varun Beverages Merger & Restructuring Worth ₹29.3 Cr

Varun Beverages will incorporate a joint venture in Tunisia to produce and distribute beverages. The company will hold a 75% stake for a cash consideration.

Value

₹29.30 Cr

Varun Beverages Merger & Restructuring Worth ₹9 Cr

Varun Beverages approved incorporating a wholly-owned subsidiary in India and a joint venture in Tunisia. The India subsidiary's proposed paid-up capital is ₹9 Crore.

Value

₹9.00 Cr

Varun Beverages Merger & Restructuring

Varun Beverages has completed the merger of its step-down subsidiary, Twizza Proprietary Limited, into its subsidiary, The Beverage Company Proprietary Limited. Consequently, Twizza has ceased to be a step-down subsidiary.

Varun Beverages Other Announcement

Varun Beverages Limited received an ESG rating of 63 for FY 2026 from NSE Sustainability Ratings & Analytics Limited, up from 62 in FY 2025.