NSEDisclosure under SEBI Takeover Regulations19 Jun 2026 · 19 Jun 2026, 03:03 pm
Disclosure under SEBI Takeover Regulations
Varun Beverages Limited · VBL
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Varun Beverages Limited has submitted a disclosure under SEBI Takeover Regulations 31(4). The announcement confirms that its Promoter and Promoter Group, along with Persons Acting in Concert (PAC), have not encumbered any additional shares. This declaration covers the financial year ended December 31, 2025, and the period up to March 31, 2026, beyond any previously disclosed pledges. For investors, this indicates that the promoter group has not used further company shares as collateral, potentially signaling financial stability and reducing concerns about forced selling.
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Full Announcement
Varun Beverages Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, Block G, C/l, Bandra Kurla Phiroze Jeejeebhoy Towers,
Complex, Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai - 400 001
Email: takeover@nse.co.in Email: corp.relations@bseindia.com
Symbol: VBL Security Code: 540180
Sub: Declaration under Regulation 31(4) of the SEBI (Substantial Acquisition, of Shares
and Takeovers) Regulations, 2011
Dear Sir / Madam,
Pursuant to the provisions of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011, we, Promoter / Promoter Group along with the Persons acting in
concert of Varun Beverages Limited (“Company") hereby declare that we have not encumbered
our shares of the Company, directly or indirectly, during the financial year ended December 31,
2025 and period ended March 31, 2026, other than those already disclosed (if any) during the
above-mentioned period.
Further, please note that the Company is following 1st January to 31st December as its financial
year in terms of Section 2 (41) of the Companies Act, 2013 as approved by the Company Law
Board.
The same is for your information and records.
For and on behalf of Promoter / Promoter Group
and Persons Acting in Concert
(i) The Chairman
Audit, Risk Management and Ethics Committee
Varun Beverages Limited
F-2/7, Okhla Industrial Area,
Phase-I, New Delhi - 110020
(ii) The Company Secretary
Varun Beverages Limited
F-2/7, Okhla Industrial Area,
Phase-I, New Delhi - 110020
Encl.: Details of Promoter / Promoter Group/PAC as Annexure-I
ANNEXURE – I
DETAILS OF PROMOTER, PROMOTER GROUP AND PERSONS ACTING IN CONCERT
OF VARUN BEVERAGES LIMITED AS ON 31.03.2026
S. NAME PROMOTER /
NO. PROMOTER GROUP
1 RAVI KANT JAIPURIA PROMOTER
2 VARUN JAIPURIA PROMOTER
3 RJ CORP LIMITED PROMOTER
4 DEVYANI JAIPURIA PROMOTER GROUP
5 DHARA JAIPURIA PROMOTER GROUP
6 VIVEK GUPTA PROMOTER GROUP
7 VIVEK GUPTA (HUF) PROMOTER GROUP
8 KIMAYA JAIPURIA PROMOTER GROUP
9 AISHWARYA M MARIWALA PROMOTER GROUP
10 BELA JYOTI KUMAR SAHA PROMOTER GROUP
11 BLACKVELVET HOSPITALITY PRIVATE LIMITED PROMOTER GROUP
12 MADHAV H MARIWALA PROMOTER GROUP
13 MADHU RAJENDRA JINDAL PROMOTER GROUP
14 NANDINI MADHAV MARIWALA PROMOTER GROUP
15 ACCOR REALCON PRIVATE LIMITED PROMOTER GROUP
16 CAPITAL INFRACON PRIVATE LIMITED PROMOTER GROUP
17 CHANDA EXPORTS PRIVATE LIMITED PROMOTER GROUP
18 CRYOVIVA LIFE SCIENCES PRIVATE LIMITED PROMOTER GROUP
19 CRYOVIVA BIOTECH PRIVATE LIMITED PROMOTER GROUP
20 CV BIOTECH PRIVATE LIMITED PROMOTER GROUP
21 DEVYANI FOOD INDUSTRIES LIMITED PROMOTER GROUP
22 DEVYANI INTERNATIONAL LIMITED PROMOTER GROUP
23 DEVYANI JAIPURIA SPORTS ACADEMY PRIVATE LIMITED PROMOTER GROUP
24 DEVYANI PVR INOX PRIVATE LIMITED PROMOTER GROUP
25 DEVYANI RK PRIVATE LIMITED PROMOTER GROUP
26 EMPIRE STOCKS PRIVATE LIMITED PROMOTER GROUP
27 FUELBUDDY FUTURE ENERGY PRIVATE LIMITED PROMOTER GROUP
28 GEE KAY BUILDER AND DEVELOPMENT SERVICES PRIVATE LIMITED PROMOTER GROUP
29 JACORE ENERGY PRIVATE LIMITED PROMOTER GROUP
30 KV RETAIL PRIVATE LIMITED PROMOTER GROUP
31 LOTUS HOLDINGS PROMOTER GROUP
32 LINEAGE HEALTHCARE LIMITED PROMOTER GROUP
33 MADHAV MARIWALA HUF PROMOTER GROUP
34 MANOG SECURITIES PRIVATE LIMITED PROMOTER GROUP
35 MARISON FINVEST PRIVATE LIMITED PROMOTER GROUP
36 MODERN MONTESSORI INTERNATIONAL (INDIA) PRIVATE LIMITED PROMOTER GROUP
37 PEANUTBUTTER AND JELLY PRIVATE LIMITED* PROMOTER GROUP
38 SARA FERROUS PRIVATE LIMITED PROMOTER GROUP
39 SAY CHEFS EATERY PRIVATE LIMITED PROMOTER GROUP
40 SFT TECHNOLOGIES PRIVATE LIMITED PROMOTER GROUP
41 SFT SYSCON PRIVATE LIMITED PROMOTER GROUP
42 SKY GATE HOSPITALITY PRIVATE LIMITED PROMOTER GROUP
43 S V S INDIA PRIVATE LIMITED PROMOTER GROUP
44 SYLVAN REALTY PRIVATE LIMITED PROMOTER GROUP
45 VOLTSUN LABS PRIVATE LIMITED PROMOTER GROUP
46 ACCOR DEVELOPERS PRIVATE LIMITED PROMOTER GROUP
47 ACCOR INDUSTRIES PRIVATE LIMITED PROMOTER GROUP
48 AFRICARE DISTRIBUTORS LIMITED* PROMOTER GROUP
49 AFRICARE LIMITED* PROMOTER GROUP
50 ARCTIC OVERSEAS PTE LTD. PROMOTER GROUP
51 ARCTIC INTERNATIONAL PRIVATE LIMITED PROMOTER GROUP
52 BLACKBRIAR CO. LTD. PROMOTER GROUP
53 CRYOVIVA INTERNATIONAL PTE. LTD PROMOTER GROUP
54 CRYOVIVA MALAYSIA SDN. BHD. PROMOTER GROUP
55 CRYOVIVA SINGAPORE PTE. LTD. PROMOTER GROUP
56 DEVYANI FOOD INDUSTRIES (KENYA) LTD. PROMOTER GROUP
57 DEVYANI INTERNATIONAL (NEPAL) PRIVATE LIMITED PROMOTER GROUP
58 DEVYANI INTERNATIONAL (NIGERIA) LIMITED PROMOTER GROUP
59 DEVYANI INTERNATIONAL DMCC PROMOTER GROUP
60 FUEL BUDDY ZAMBIA LIMITED PROMOTER GROUP
61 RDJ GLOBAL DMCC PROMOTER GROUP
62 RESTAURANTS DEVELOPMENT CO. LTD. PROMOTER GROUP
63 REVIVA CELL (THAILAND) COMPANY LIMITED PROMOTER GROUP
64 REVIVA CELL TECHNOLOGIES PTE. LTD. PROMOTER GROUP
65 RJ CORP INTERNATIONAL (UK) PRIVATE LIMITED PROMOTER GROUP
66 RV ENTERPRIZES PTE. LTD. PROMOTER GROUP
67 RJ INTERNATIONAL HOLDCO FZCO PROMOTER GROUP
68 VARUN DEVELOPERS PRIVATE LIMITED PROMOTER GROUP
69 VARUN FOOD & BEVERAGES (ZAMBIA) LIMITED PROMOTER GROUP
70 WHITE SNOW COMPANY LIMITED PROMOTER GROUP
71 YELLOW PALM CO. LTD. PROMOTER GROUP
*Promoter/Promoter Group divested its shareholding in these entities.
Note: Above-mentioned includes Promoter and Promoter Group entities with “Nil” Shareholding as filed
quarterly in the Shareholding Pattern with the Stock Exchanges pursuant to SEBI Circular dated 20 March
2025.