Varun Beverages’ board approved the incorporation of a wholly-owned subsidiary in Kenya for manufacturing and distributing beverages. It also approved alterations to the company’s Object Clause, including businesses related to packaged drinking water, power generation, and alcoholic beverages. These decisions aim to broaden the company’s operational scope and market presence, subject to shareholder approval. The board meeting concluded on October 29, 2025.
Kenyan Subsidiary Approved
The Board of Directors at Varun Beverages has approved the incorporation of a wholly-owned subsidiary company in Kenya. This new entity will focus on manufacturing, distribution, and selling beverages within the region, expanding Varun Beverages’ international footprint.
Object Clause Alterations
The board has also approved alterations to the Object Clause of the Memorandum of Association (MOA), pending shareholder approval. These changes include:
Financial Performance Update – Q2 2025
Varun Beverages also released its unaudited financial results for Q2 2025 and the nine months ended September 30, 2025. Key highlights from the consolidated results include:
For the nine months ended September 30, 2025:
Details on Kenyan Subsidiary (Annexure I)
The detailed disclosure for the Kenyan subsidiary includes:
Source: BSE
