NSEAdoption of new line(s) of business1d ago · 24 Sept 2026, 12:49 pm
Adoption of new line(s) of business
Varun Beverages Limited · VBL
✦ AI SummaryExpansion
Varun Beverages Limited's subsidiary, Varun Beverages (Zimbabwe) (Private) Limited, has entered into an Exclusive Distribution Agreement with Mondelez South Africa Proprietary Limited for the exclusive distribution of chocolate, biscuit, candy, and gum products in Zimbabwe, effective from October 1, 2026.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Intimation for execution of an Exclusive Distribution Agreement by Varun Beverages (Zimbabwe) (Private) Limited, subsidiary of the Company as per details attached.
Attachments (1)
📄pdf
Download →
VBL_24092026124621_Disclosure_Mondelez.pdf
View document text
September 24, 2026
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers
Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001
Email: cmlist@nse.co.in Email: corp.relations@bseindia.com
Symbol: VBL Security Code: 540180
Sub: Disclosure under Regulation 30 read with Para B of Part A of Schedule III of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
We wish to inform you that Varun Beverages (Zimbabwe) (Private) Limited (a subsidiary of our
Company) has entered into an Exclusive Distribution Agreement today with Mondelez South Africa
Proprietary Limited (“Mondelez”) effective from October 1, 2026 for the exclusive distribution of
chocolate, biscuit, candy and gum products of Mondelez in the territory of the Republic of Zimbabwe.
The above information was received today at 9:10 A.M. IST.
The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)
2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is as follows:
S. No. Particulars Disclosure
1. Industry or area to which the Confectionery
new line of business belongs to
2. Expected benefits Leveraging snacks distribution by expansion of
portfolio
3. Estimated amount to be As of now no capex is envisaged. We desire to
invested leverage existing distribution network
The same is also being uploaded on website of the Company at www.varunbeverages.com.
You are requested to take the above on record.
Yours faithfully,
For Varun Beverages Limited
Ravi Batra
Chief Risk Officer & Group Company Secretary