NSEResignation1d ago · 24 Sept 2026, 05:01 pm

Resignation

Varun Beverages Limited · VBL

✦ AI SummaryMgmt Change

Varun Beverages Limited has announced the resignation of Mr. Manmohan Rupal Paul, Chief Operating Officer, effective September 24, 2026. The company has disclosed the details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Intimation of change in Senior Management Personnel of the Company

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VBL_24092026170034_SMPChange.pdf

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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 Subject: Intimation of change in Senior Management Personnel of the Company Dear Sir/Madam Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Para A of Part A of Schedule III to the Listing Regulations, We would like to inform that pursuant to resignation of Mr. Manmohan Rupal Paul (Senior Management Personnel), he has been relieved from duties w.e.f. September 24, 2026 (last working day). Copy of the resignation letter is enclosed herewith as Annexure - I. The detailed disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is also enclosed herewith as Annexure - II. You are requested to take the above on record. Yours faithfully, For Varun Beverages Limited Ravi Batra Chief Risk Officer & Group Company Secretary Encl.: As above Annexure -1 Date; 29/08/2026 Mr. Varun Jaipuria Executive Vice Chairman and Whole Time Director Varun Beverages Limited Resignation Letter Dear Sir, This has reference to our discussion and subsequent discussion v/kh Mr. Rajeshwar Tripathi, I would like to inform you about my decision to resign from the position of Chief Operating Officer at Varun Beverages Limited. I would like to place on record my deepest gratitude to you sir for your unwavering support, guidance, trust and encouragement overtheyears. I will always remain deeply grateful for the opportunities given to me, the confidence you have placed in me and the freedom and empowerment to contribute and grow. Thankyou for your understanding and support during my journey. As mutually agreed, my last working data of working with Varun Beverages Limited will be 24th September 2026. Annexure - II Disclosure under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular dated January 30, 2026 S. Particulars Disclosure 1. Reason for change viz. Resignation of Mr. Manmohan Rupal Paul, Chief appointment, re-appointment Operating Officer (Senior Management Personnel) resignation, removal, death or otherwise 2. Date of appointment/re- September 24, 2026 appointment/cessation (as applicable) & term of appointment/re-appointment 3. Brief profile (in case of Not Applicable appointment) 4. Disclosure of relationships Not Applicable between directors (in case of appointment of a director)