Varun Beverages acquires 50% equity share of Everest Industrial Lanka

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

27 May 2025 Evaluate

Varun Beverages has completed acquisition of 50% equity share capital of Everest Industrial Lanka (EIL) on May 27, 2025. EIL, a company in Sri Lanka is engaged in the business of production, manufacturing, distribution and selling of commercial visi-coolers and related accessories.

Earlier, the company had received approval to acquire 50% stake of EIL for a consideration of $3.75 million (around Rs 32.08 crore).

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

Peers

Company Name	CMP
Nestle India	1382.50
Varun Beverages	410.50
Britannia Industries	4976.00
LT Foods	413.45
Hatsun Agro Product	1224.35
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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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