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.

Varun Beverages Merger & Restructuring Worth ₹0.01 Cr

Varun Beverages is incorporating a new subsidiary, Varun Beverages Holding (Zimbabwe) (Private) Limited, to act as an investment holding entity in Zimbabwe.

Value

₹0.01 Cr

Varun Beverages Merger & Restructuring

Varun Beverages' subsidiary incorporated a joint venture, Varun Beverages Holding (Zimbabwe) (Private) Limited, in Zimbabwe. The company holds a 70% stake in the new entity.

Varun Beverages Merger & Restructuring Worth ₹304 Cr

Varun Beverages' subsidiary, VBL Industries (Kenya), has completed the acquisition of Devyani Food Industries (Kenya)'s dairy, juice, and water business for USD 32 Million.

Value

₹304.0 Cr

Varun Beverages Earnings Call Transcript: Key Takeaways

Varun Beverages reported strong Q2 CY26 results with 20.4% revenue growth, driven by volume surges in India and South Africa despite unseasonal April rains.

Varun Beverages Results Update

Varun Beverages reported a 15.1% YoY increase in Q2 CY2026 PAT to Rs. 1,525.4 Crore. The company also announced the acquisition of DFIKL (Kenya) for Rs. 305 Crore.

Value

₹305.0 Cr

Varun Beverages Investor Presentation: Key Takeaways

VBL reported strong Q2 CY2026 performance with 20.4% net revenue growth and 17.2% EBITDA growth. Key developments include extending the PepsiCo India agreement to 2049 and acquiring DFIKL in Kenya.

Varun Beverages Q1 FY27 Results: Net Profit ₹1,525 Cr, Up 15.1% YoY

Varun Beverages Ltd reported revenue from operations of ₹8,651 Cr (+20.8% YoY) and net profit of ₹1,525 Cr (+15.1% YoY) for Q1 FY27.

Key figure

Net profit ₹1,525 Cr · +15.1% YoY

Varun Beverages Board Meeting Date

Varun Beverages has scheduled a board meeting for July 28, 2026, to consider quarterly financial results and the declaration of a second interim dividend.

Varun Beverages Management Change

Varun Beverages appointed Mr. Sarabeet Singh Gujral as Chief Human Resources Officer and Mr. Srinivasan Sourirajan as Chief Manufacturing Officer. Both appointments are effective July 20, 2026.

Varun Beverages Management Change

Varun Beverages announced the resignation of Sanjay Mukherjee as Chief Supply Chain Officer, effective July 7, 2026. His departure is for personal reasons.

Varun Beverages Merger & Restructuring Worth ₹305 Cr

Varun Beverages to acquire DFIL Kenya's beverage business for USD 32M. Deal deepens East Africa presence via local infrastructure and distribution.

Value

₹305.0 Cr

Execution

on or before August 1, 2026

Varun Beverages Merger & Restructuring Worth ₹304 Cr

Varun Beverages' Kenyan subsidiary agreed to buy a dairy and juice business for USD 32 million. The deal, to close by Aug 2026, expands its East African footprint.

Value

₹304.0 Cr

Execution

Expected to be completed on or before August 1, 2026

Varun Beverages Merger & Restructuring

Varun Beverages approved the merger of its South African subsidiaries Twizza and Bevco. The merger, subject to local laws, aims to streamline operations without changing the parent's shareholding.

Varun Beverages Employee Stock Options

Varun Beverages allotted 1,68,750 equity shares under its ESOP scheme. This issuance increased the company's paid-up share capital by Rs. 0.03 Crore.

Value

₹0.03 Cr

Varun Beverages Employee Stock Options

Varun Beverages allotted 1,68,750 equity shares under its ESOP 2016 scheme. This increases total paid-up shares to 338,24,64,894.

Varun Beverages Capacity Expansion

Varun Beverages extended its exclusive PepsiCo bottling agreement until 2049 and removed SPV restrictions. This secures long-term operations and allows for diversified business activities.

Execution

Up to April 30, 2049

Varun Beverages Earnings Call: Key Takeaways

Varun Beverages reported strong Q1 CY2026 performance with 18.1% revenue growth and 20.1% PAT growth, driven by 16.3% volume expansion and international acquisitions.

Varun Beverages Earnings Call: Key Takeaways

Varun Beverages reported a robust Q1 CY26 with 18.1% revenue growth, driven by volume expansion across India and international markets despite inflationary raw material pressures.

Varun Beverages Employee Stock Options

Varun Beverages Limited allotted 2,01,750 equity shares under its Employee Stock Option (ESOP) scheme on April 27, 2026. This issuance increased the company's total paid-up share count to 3,38,22,96,144 shares. The allotment was made in compliance with SEBI's Share Based Employee Benefits regulations.

Varun Beverages Employee Stock Options

Varun Beverages Limited has allotted 2,01,750 equity shares of Rs. 2/- each to employees following the exercise of vested stock options. This increases the company's total paid-up share capital to 338,22,96,144 shares. The allotment was approved by the Share Allotment Committee on April 27, 2026.

Varun Beverages Dividend

Varun Beverages Limited has declared an interim dividend of ₹0.5 per equity share for the financial year 2026. The board has fixed May 1, 2026, as the record date for determining shareholder eligibility, with payment scheduled to be completed by May 27, 2026.