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Varun Beverages: Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements): Intimation Of Subscription Of Capital In Joint Venture Company


We would like to inform you that Varun Beverages Limited (Company) has subscribed 30% of Equity Share Capital in newly incorporated joint venture Company viz. IDVB RECYCLING OPERATIONS PRIVATE LIMITED which is inter-alia engaged to carry on the business of recycling of PET (Polyethylene Terephthalate) bottles. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9 2015 is enclosed as Annexure - I.

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