Varun Beverages’ arm starts commercial production of carbonated soft drinks, packaged drinking water

Varun Beverages Ltd. | Consumer Food | FMCG | BSE: 540180 | NSE: VBL

22 Jul 2024 Evaluate

Varun Beverages’ wholly-owned subsidiary -- RDC SAS has started commercial production of carbonated soft drinks and packaged drinking water at its production facility at Kinshasa, Democratic Republic of Congo.

Earlier, the company had started commercial production of carbonated soft drinks & energy drinks (juices and value added dairy products to be started) at its production facility at Gorakhpur, Uttar Pradesh.

Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.

Peers

Company Name	CMP
Nestle India	1388.65
Varun Beverages	412.55
Britannia Industries	5012.00
LT Foods	415.40
Hatsun Agro Product	1221.80
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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