ALFA Filings
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Varun Beverages Limited has incorporated a new wholly-owned subsidiary in India named KIVA Spirits and Company Limited. This follows the board's prior approval on August 25, 2026.
Varun Beverages will incorporate a joint venture in Tunisia to produce and distribute beverages. The company will hold a 75% stake for a cash consideration.
Varun Beverages approved incorporating a wholly-owned subsidiary in India and a joint venture in Tunisia. The India subsidiary's proposed paid-up capital is ₹9 Crore.
Varun Beverages has completed the merger of its step-down subsidiary, Twizza Proprietary Limited, into its subsidiary, The Beverage Company Proprietary Limited. Consequently, Twizza has ceased to be a step-down subsidiary.
Varun Beverages is incorporating a new subsidiary, Varun Beverages Holding (Zimbabwe) (Private) Limited, to act as an investment holding entity in Zimbabwe.
Varun Beverages' subsidiary incorporated a joint venture, Varun Beverages Holding (Zimbabwe) (Private) Limited, in Zimbabwe. The company holds a 70% stake in the new entity.
Varun Beverages' subsidiary, VBL Industries (Kenya), has completed the acquisition of Devyani Food Industries (Kenya)'s dairy, juice, and water business for USD 32 Million.
Varun Beverages to acquire DFIL Kenya's beverage business for USD 32M. Deal deepens East Africa presence via local infrastructure and distribution.
Varun Beverages' Kenyan subsidiary agreed to buy a dairy and juice business for USD 32 million. The deal, to close by Aug 2026, expands its East African footprint.
Varun Beverages approved the merger of its South African subsidiaries Twizza and Bevco. The merger, subject to local laws, aims to streamline operations without changing the parent's shareholding.