Varun Beverages Limited has announced the successful completion of the merger between its subsidiary, The Beverage Company Proprietary Limited (“Bevco”), and its step-down subsidiary, Twizza Proprietary Limited (“Twizza”). This merger, previously approved by the boards, means Twizza is no longer a step-down subsidiary of Varun Beverages. The completion was confirmed on August 17, 2026.
Merger of Subsidiaries Finalized
Varun Beverages Limited has issued an update regarding the merger of its subsidiaries. Following an earlier disclosure on July 2, 2026, the company confirmed that the merger of The Beverage Company Proprietary Limited (“Bevco”), a direct subsidiary, with Twizza Proprietary Limited (“Twizza”), a step-down subsidiary, has been successfully completed. This action was undertaken subject to all applicable laws in South Africa.
Structural Impact of Merger
As a result of this completed merger, Twizza Proprietary Limited has ceased to be a step-down subsidiary of Varun Beverages Limited. This corporate restructuring signifies a change in the group’s organizational structure, consolidating operations under Bevco. The company received confirmation of this information on August 17, 2026.
Source: BSE
