Varun Beverages Ltd
Food & Beverage
Varun Beverages to invest Rs 412 cr in South African subsidiary
PTI -
Bevco allotted 19.84 lakh ordinary shares to VBL and this fresh investment will result in an incremental share capital of 2.42 per centNew Delhi: Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest Rs...
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Varun Beverages to raise Rs 7,500 cr to fund expansion plans
PTI -
The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of equity shareholders of the company" through postal ballot, it added.New Delhi: Varun Beverages, the leading bottler of beverage major PepsiCo,...
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Varun Beverages completes acquisition of South African bottler BevCo
PTI -
VBL has also issued a corporate guarantee amounting to South African Rand (ZAR) 1,500 million (around Rs 660 crore) to secure credit facilities extended to BevCo by the FirstRand Bank thereNew Delhi: Varun Beverages Ltd, PepsiCo's largest franchise bottler,...
Food & Beverage
Indian soft drink market expected to see significant growth: PepsiCo bottler Varun Beverages
PTI -
This would be driven by factors such as shifting population demographics, the rising spending power of young consumers, accelerated urbanisation, and growing rural consumptionNew Delhi: The Indian soft drink market is expected to see "significant growth" as consumption is...
Food
Varun Beverages gets CCI nod to acquire PepsiCo’s franchise rights
PepsiCo India's bottling partner Varun Beverages Ltd (VBL) Monday said it has received nod from the Competition Commission of India for its proposal to acquire franchise rights of the foods and snacks major in southern and western India. The...
Food
Varun Beverages opens Rs 550 cr plant in Punjab for PepsiCo products
IANS -
PepsiCo India partner Varun Beverages Ltd (VBL) on Friday announced the start of trial production at its facility here for the bottling of PepsiCo products.A joint PepsiCo-VBL statement said the Rs 550 crore greenfield facility was inaugurated on Friday...
Food
Varun Beverages enters into strategic partnership with Pepsico to sell Tropicana juices
Food and Beverages maker PepsiCo said it has entered into a strategic partnership with bottling partner Varun Beverages, which will now sell and distribute the entire Tropicana range of juices along with Gatorade and Quaker Value-Added Dairy in north...
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Paytm to focus on merchant services in overseas foray, expects to be profitable by June
The company has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi...
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