NSEGeneral Updates4 Aug 2026 · 4 Aug 2026, 04:44 pm
General Updates
Varun Beverages Limited · VBL
✦ AI SummaryJoint Venture
Varun Beverages Limited has informed about the incorporation of a joint venture company in Zimbabwe, Varun Beverages Holding (Zimbabwe) (Private) Limited, with a 70% stake held by the company.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
We would like to inform you that Varun Beverages (Zimbabwe) (Private) Limited, subsidiary company, has incorporated a joint venture company in Zimbabwe namely Varun Beverages Holding (Zimbabwe) (Private) Limited .
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VBL_04082026164249_Intimation_SDSZimbabwe_signed.pdf
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August 4, 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 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
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 you that Varun Beverages (Zimbabwe) (Private)
Limited, subsidiary company, has incorporated a joint venture company in Zimbabwe namely “Varun
Beverages Holding (Zimbabwe) (Private) Limited” on August 3, 2026 (information received on
August 4, 2026 at 12:11 PM IST).
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
enclosed as Annexure - I.
The same is 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
Encl.: As above
Annexure - I
Disclosure under Regulation 30 read with Para A of Part A of Schedule III of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master
Circular dated January 30, 2026
S. Particulars Disclosure
1. Name of the entity, date & Varun Beverages Holding (Zimbabwe) (Private) Limited
country of incorporation, etc.
Date of incorporation: August 3, 2026
Country of Incorporation: Zimbabwe
2. Name of holding company of the Varun Beverages (Zimbabwe) (Private) Limited (i.e.
incorporated company and subsidiary of Varun Beverages Limited)
relation with the listed entity
3. Industry to which the entity Holding/investment
being incorporated belongs
4. Brief background about the Holding/investment company in Zimbabwe
entity incorporated in terms of
products / line of business
5. Brief details of any Not applicable
governmental or regulatory
approvals required for the
incorporation
6. Nature of consideration - Cash consideration.
whether cash consideration or
Authorized Share Capital: USD 500,000/- (500,000
share swap and details of the
Shares of USD 1 per share)
same
Paid-up Share Capital: USD 1,000/- (1,000 Shares of USD
1 per share)
7. Cost of subscription / price at Face value of USD 1 per share
which the shares are subscribed
8. Percentage of shareholding / Varun Beverages (Zimbabwe) (Private) Limited: 70%
control by the listed entity and / Mega Market Private Limited: 30%
or number of shares allotted