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Varun Beverages gets nod for incorporation of joint venture company

29 Jul 2025 Evaluate

Varun Beverages has received board’s approval to incorporate a joint venture company. This joint venture company will carry on the business of manufacturing of visi-coolers and other refrigeration equipment’s etc.

The Board of Directors of the company in their meeting held on July 29, 2025, has considered and approved the same.

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

Peers
Company Name CMP
Nestle India 1172.40
Varun Beverages 412.45
Britannia Industries 4645.10
LT Foods 376.95
Hatsun Agro Product 1013.00
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