Varun Beverages has received approval to incorporate a wholly owned subsidiary in India, inter alia, to carry on the business of Ready-to-Drink (RTD), alcoholic beverages and allied products, subject to receipt of applicable requisite approvals. The Board of Directors of the Company at its meeting held on August 25, 2026, has approved the same.
Further, the company has received Board’s approval to incorporate a joint venture company in Tunisia, inter-alia to carry on the business of production and distribution of beverages including carbonated soft drinks, juices, water and dairy, subject to receipt of applicable requisite approvals.
Varun Beverages is the second largest franchisee in the world (outside US) of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo and a key player in the beverage industry.
| Company Name | CMP |
|---|---|
| Nestle India | 1451.00 |
| Varun Beverages | 421.90 |
| Britannia Industries | 5335.00 |
| LT Foods | 450.85 |
| Hatsun Agro Product | 1097.95 |
| View more.. | |
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The Alchemists Ark Pvt. Ltd. |
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Non-Individual |
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1187 |
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