Varun Beverages Limited - food and beverages in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L74899DL1995PLC069839 Incorporated 16 June 1995 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: VBL · BSE: 540180 Public Limited Company food and beverages
Data last updated
Market Cap
₹1,45,194 Cr
VBL · NSE
Share Price
₹430.50
+0.29% today
Revenue
₹21,685 Cr
Dec 2025 · +8.4% YoY
EBITDA
₹5,070 Cr
Margin 23.4%
Net Profit
₹2,933 Cr
Dec 2025 · +10.6% YoY
P/E (TTM)
44.2x
P/B 7.7x
ROE
16.9%
ROCE 20.1%
Debt / Equity
0.15
Interest cover 5.1x

About Varun Beverages Limited

Data last updated:

Varun Beverages Limited is a public limited company based in New Delhi, Delhi, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 16 June 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1995PLC069839. Its GSTIN is 07AAACV2678L1ZW (Delhi). The company holds 53 GST registrations, of which 39 are active. Its shares are listed on BSE: 540180 and NSE: VBL.

The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹676.49 Cr. It is led by directors including Varun Jaipuria (Whole-Time Director) and Raj Pal Gandhi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 01 April 2026, and its latest financial statements are for the year ended 31 December 2025. The registered office is at F – 2/7 Okhla Indl.Area Phase I, New Delhi, Delhi, India – 110020.

As per the latest consolidated financials for FY 2024-25, the company reported a revenue of ₹21,685 Cr, a growth of 8.4% compared to the previous year. For the same year it recorded a net profit of ₹2,932.82 Cr (net margin 13.5%) and EBITDA of ₹5,069.74 Cr (EBITDA margin 23.4%). The net worth stands at ₹19,579 Cr (up 17.9% YoY). Total assets are valued at ₹22,440 Cr (up 13.6% YoY).

The company has about 8,184 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.

The company is associated with 2 brands: Varun Beverages and Varun Pepsi. As per MCA filings, the company has open charges of ₹2,470.25 Cr and satisfied charges of ₹16,916 Cr on record. Court records list 1,278 cases involving the company, including 719 filed by the company and 403 filed against it; 443 cases are pending. The company has 49 deals on record (24 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,354.13 Cr; the latest was in September 2025. The company has 21 MSME Form 1 returns on record between 2018 and 2024, listing 3,487 overdue payments to 705 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varunpepsi.com.

Company Details of Varun Beverages Limited
CIN L74899DL1995PLC069839
Registration Number 069839
Incorporation Date 16 June 1995
ROC Delhi
Listing Status Listed (BSE: 540180, NSE: VBL)
Company Status Active
Date of Last AGM 01 April 2026
Date of Balance Sheet 31 December 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    F – 2/7 Okhla Indl.Area Phase I, New Delhi, Delhi, India – 110020
  • Industry
    Food and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
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Financials, compliance, directors, charges, ownership and filings for Varun Beverages Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Varun Beverages Limited FY 2024-25 filings available

Varun Beverages Limited reported revenue of ₹21,685 Cr (up 8.4% YoY) for FY 2024-25.

Financial Highlights

Dec 2025 · Consolidated
Revenue
₹21,685 Cr
+8.4% YoY
EBITDA
₹5,070 Cr
+6.9% YoY
Profit After Tax
₹2,933 Cr
+10.6% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income statement
Revenue21,68520,00816,04313,1738,8237,5558,512
Revenue growth+8.4%+24.7%+21.8%+49.3%+16.8%-11.3%-
EBITDA5,0704,7423,6322,8061,6771,1481,462
EBITDA margin+23.4%+23.7%+22.6%+21.3%+19.0%+15.2%+17.2%
Profit before tax4,0103,4332,7392,0241,007362696
Net profit2,9332,6512,1201,541707388468
Net profit margin+13.5%+13.3%+13.2%+11.7%+8.0%+5.1%+5.5%
EPS (₹)8.987.6715.8223.0516.0311.4016.24
Balance sheet
Cash flow
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8,4516,5744,2044,8977,0175,5673,6894,805
Revenue growth (YoY)+20.4%+18.1%+14.0%+1.9%-2.5%---
Other income10443.5399.1114877.1628.0644.6424.25
EBITDA2,3391,5256371,1461,9981,2635791,151
EBITDA margin+27.7%+23.2%+15.1%+23.4%+28.5%+22.7%+15.7%+24.0%
Depreciation409357330308306273261257
Interest56.9248.5346.6945.2136.5541.12109119
Profit before tax1,9771,1633599411,732978254800
Tax45228498.8819640724658.50171
Net profit1,5258792607451,325731196629
EPS (₹)4.502.580.742.193.892.150.561.91
MetricsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income statement
Revenue14,55714,34912,63310,5966,5964,8765,616
Revenue growth+1.5%+13.6%+19.2%+60.7%+35.3%-13.2%-
EBITDA3,7653,6882,9852,1801,1807931,205
EBITDA margin+25.9%+25.7%+23.6%+20.6%+17.9%+16.3%+21.5%
Profit before tax3,5433,0702,3681,685682203634
Net profit2,5732,3761,8321,303505284445
Net profit margin+17.7%+16.6%+14.5%+12.3%+7.7%+5.8%+7.9%
EPS (₹)7.916.8613.6619.5611.307.8415.54
Balance sheet
Cash flow
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5,9964,5012,1353,0645,3054,0532,0143,087
Revenue growth (YoY)+13.0%+11.1%+6.0%-0.7%-8.6%---
Other income10474.3221415090.0159.80154100
Total expenses4,1183,3281,8102,2773,6643,0421,6912,286
EBITDA1,8781,1723257871,6411,010323801
EBITDA margin+31.3%+26.0%+15.2%+25.7%+30.9%+24.9%+16.0%+25.9%
Depreciation224199185172180165154157
Interest3.944.2612.827.943.697.8063.8998.64
Profit before tax1,7551,0433427571,548897259645
Tax43125680.6917938821950.19153

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 17 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8,4516,5744,2044,8977,0175,5673,6894,805
Revenue growth (YoY)+20.4%+18.1%+14.0%+1.9%-2.5%---
Other income10443.5399.1114877.1628.0644.6424.25
EBITDA2,3391,5256371,1461,9981,2635791,151
EBITDA margin+27.7%+23.2%+15.1%+23.4%+28.5%+22.7%+15.7%+24.0%
Depreciation409357330308306273261257
Interest56.9248.5346.6945.2136.5541.12109119
Profit before tax1,9771,1633599411,732978254800
Tax45228498.8819640724658.50171
Net profit1,5258792607451,325731196629
EPS (₹)4.502.580.742.193.892.150.561.91
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Revenue21,68520,00816,04313,1738,8237,5558,512
Revenue growth+8.4%+24.7%+21.8%+49.3%+16.8%-11.3%-
Other income35212179.3638.8567.9336.9746.89
Total expenses16,61615,26612,41010,3677,1466,4077,050
Employee cost2,2011,8851,4471,2171,008890811
EBITDA5,0704,7423,6322,8061,6771,1481,462
EBITDA margin+23.4%+23.7%+22.6%+21.3%+19.0%+15.2%+17.2%
Depreciation1,216947681617531529489
Interest196483292204207294324
Profit before tax4,0103,4332,7392,0241,007362696
Tax9487996384742615.23224
Net profit2,9332,6512,1201,541707388468
Net profit margin+13.5%+13.3%+13.2%+11.7%+8.0%+5.1%+5.5%
EPS (₹)8.987.6715.8223.0516.0311.4016.24
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Growth
Sales growth+8.4%+24.7%+21.8%+49.3%+16.8%-11.3%-
EBITDA growth+6.9%+30.6%+29.5%+67.3%+46.1%-21.5%-
PBT growth+16.8%+25.3%+35.4%+101.0%+177.7%-47.9%+60.5%
Net income growth+10.6%+25.1%+37.6%+118.0%+82.2%-17.0%-
Revenue CAGR (3Y)+18.1%+31.4%+28.5%+15.7%+13.4%+23.6%+30.2%
EBITDA CAGR (3Y)+21.8%+41.4%+46.8%+24.3%+18.2%+11.1%+22.4%
Profitability & leverage
Net income margin+14.1%+13.2%+13.1%+11.8%+8.5%+4.7%+5.6%
Return on capital employed+20.1%+24.3%+27.8%+26.4%+16.6%+10.4%+17.3%
Return on net worth+16.9%+22.4%+34.9%+33.8%+19.6%+12.2%+17.7%
Debt / equity0.150.350.770.790.870.971.17
Long-term debt / equity0.060.190.440.410.500.630.81
Interest cover5.0912.729.889.3218.0747.4333.31
Efficiency & per share
Fixed asset turnover1.051.311.431.350.970.861.16
Inventory turnover7.748.297.887.787.548.4611.82
Debtors turnover21.2233.9949.5551.4438.6936.9757.43
EPS (₹)8.987.6715.8223.0516.0311.4016.24
Dividend per share (₹)1.501.002.503.502.502.502.50
Book value per share (₹)57.8949.1253.3978.5594.22122.07115.29
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5,9964,5012,1353,0645,3054,0532,0143,087
Revenue growth (YoY)+13.0%+11.1%+6.0%-0.7%-8.6%---
Other income10474.3221415090.0159.80154100
Total expenses4,1183,3281,8102,2773,6643,0421,6912,286
EBITDA1,8781,1723257871,6411,010323801
EBITDA margin+31.3%+26.0%+15.2%+25.7%+30.9%+24.9%+16.0%+25.9%
Depreciation224199185172180165154157
Interest3.944.2612.827.943.697.8063.8998.64
Profit before tax1,7551,0433427571,548897259645
Tax43125680.6917938821950.19153
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Revenue14,55714,34912,63310,5966,5964,8765,616
Revenue growth+1.5%+13.6%+19.2%+60.7%+35.3%-13.2%-
Other income51435414614457.3071.9998.01
Total expenses10,79210,6619,6488,4165,4154,0834,411
Employee cost1,2601,1781,037920741695631
EBITDA3,7653,6882,9852,1801,1807931,205
EBITDA margin+25.9%+25.7%+23.6%+20.6%+17.9%+16.3%+21.5%
Depreciation702618518483400413387
Interest33.22354244156156250282
Profit before tax3,5433,0702,3681,685682203634
Tax867750593414192(23.75)186
Net profit2,5732,3761,8321,303505284445
Net profit margin+17.7%+16.6%+14.5%+12.3%+7.7%+5.8%+7.9%
EPS (₹)7.916.8613.6619.5611.307.8415.54
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Growth
Sales growth+1.5%+13.6%+19.2%+60.7%+35.3%-13.2%-
EBITDA growth+2.1%+23.5%+36.9%+84.7%+48.8%-34.2%-
PBT growth+15.4%+29.6%+40.6%+147.2%+236.3%-68.1%+37.0%
Net income growth+8.3%+29.7%+40.6%+158.3%+77.9%-36.3%-
Revenue CAGR (3Y)+11.2%+29.6%+37.3%+23.6%+19.5%+16.8%+23.5%
EBITDA CAGR (3Y)+20.0%+46.2%+55.5%+21.9%+11.0%+3.2%+19.7%
Profitability & leverage
Net income margin+18.4%+16.2%+14.1%+12.0%+7.4%+4.6%+8.0%
Return on capital employed+19.4%+23.0%+24.3%+21.5%+11.1%+7.2%+14.7%
Return on net worth+15.2%+19.6%+28.2%+25.6%+11.6%+7.2%+13.9%
Debt / equity0.040.240.670.680.740.790.89
Long-term debt / equity0.010.140.390.350.440.540.64
Interest cover1.0811.529.919.2020.0365.6734.43
Efficiency & per share
Fixed asset turnover1.031.251.351.330.900.670.94
Inventory turnover8.708.908.538.507.567.2110.29
Debtors turnover62.4869.5469.5775.0743.5932.4042.38
EPS (₹)7.916.8613.6619.5611.307.8415.54
Dividend per share (₹)1.501.002.503.502.502.502.50
Book value per share (₹)55.4848.9754.4684.94101.58138.97133.95
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Auditor Details of Varun Beverages Limited

Varun Beverages Limited is audited by J. C. Bhalla & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
J. C. Bhalla & Co.LockedLockedLocked
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Board of Directors of Varun Beverages Limited

Varun Beverages has 10 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naresh TrehanDirector21 Apr 20242 Years 5 MonthsCurrent
Sita KhoslaDirector16 Feb 20188 Years 8 MonthsCurrent
Rashmi DhariwalDirector19 Mar 20188 Years 6 MonthsCurrent
Ravi GuptaDirector19 Mar 20188 Years 6 MonthsCurrent
Varun JaipuriaWhole-Time Director01 Jan 200917 Years 9 MonthsCurrent
Ravi Kant JaipuriaDirector16 Jun 199531 Years 4 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Shareholding Pattern of Varun Beverages Limited

Shareholding for the quarter ended Sep 2026: promoters hold 59.40%, foreign institutional investors hold 19.00%, domestic institutional investors hold 15.20% and retail and other public shareholders hold 6.40%.

Promoters: 59.40%DII (Domestic Institutional): 15.20%FII (Foreign Institutional): 19.00%Retail & Others: 6.40%
Sep 2026
QUARTER
59.40% Promoters
15.20% DII (Domestic Institutional)
19.00% FII (Foreign Institutional)
6.40% Retail & Others
Promoter holding - history
Now 59.40% · Sep 2026High 59.40% · Dec 2025Low 59.40% · Dec 2025
58%58.8%59.5%60.3%61%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 59.40%Mar 2026: 59.40%Jun 2026: 59.40%Sep 2026: 59.40%59.40%59.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters59.40%59.40%59.40%59.40%
Public40.60%40.60%40.60%40.60%

Charges & Borrowings of Varun Beverages Limited

Open charges
₹2,470.25 Cr
Satisfied charges
₹16,916 Cr
Breakdown by lending institutions
Others₹2,470.25 Cr
Latest charge details
DateLenderAmountStatus
01 May 2026Others₹250 CrOpen
28 Jul 2025Others₹150 CrOpen
18 Feb 2016Others₹2,070.25 CrOpen
12 Aug 2024Hdfc Bank Limited₹1,000 CrSatisfied
12 Mar 2024Hdfc Bank Limited₹350 CrSatisfied

Total charge records: 215 View all charges

Deals & Funding of Varun Beverages Limited

Varun Beverages Limited has 49 deals on record (24 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,354.13 Cr; the latest was in September 2025.

Total deals
49
Market trades
24
Secondary share transfers
14
Funding rounds
3
Debt financings
3
Disclosed funding
₹1,354.13 Cr

Deals on record (5 of 49)

WhenDealAmountParties
Sep 2019Market trade₹170.1 CrSeller: RJ Corp Limited
Sep 2019QIP₹900 CrInvestors: Government Pension Fund Global, Others - Varun Beverages Limited, American Funds Developing World Growth And Income Fund
Feb 2017Debt financing₹300 CrInvestors: Kotak Mahindra Bank, RBL Bank Limited
Dec 2015Debt financing₹200 CrInvestors: RBL Bank Limited
Nov 2014Funding round₹450 CrInvestors: Devyani Hotels and Resorts Private Limited , RJ Corp Limited
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All 49 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Varun Beverages Limited

Varun Beverages Limited has 21 MSME Form 1 returns on record between 2018 and 2024, listing 3,487 overdue payments to 705 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 705)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Machre Refrigeration Products Private Limited••••••••••••
an individual supplier••••••••••••
Safe Sea Logistics Private Limited••••••••••••
Southern Cargo Carriers (India••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 21 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Varun Beverages Limited

Varun Beverages operates two associated brands: Varun Beverages and Varun Pepsi. Each brand links to its own profile.

BrandDescriptionWebsite
Brand of beverage productsvarunbeverages.com
PepsiCo beverages are bottled, sold, and distributed by Varun Beverages.varunpepsi.com

Employees and EPFO Compliance at Varun Beverages Limited

Varun Beverages Limited has a workforce of 8,184 employees as of Apr 06, 2024.

Employee count
8,184
Active EPFO establishments
36
Employee growth
16.76%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Group Structure of Varun Beverages Limited

Varun Beverages has 2 subsidiary companies, 1 joint venture, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Joint ventures
1
Associated companies
Key Subsidiaries
Company NameCINShares Held
Clean Max Tav Private LimitedU40300MH2022PTC389259-
Lunarmech Technologies Private LimitedU72900DL2009PTC190619-

Showing major subsidiaries. Total: 2.

CIN History of Varun Beverages Limited

Varun Beverages has one previous CIN (Corporate Identification Number): U74899DL1995PLC069839. The current CIN is L74899DL1995PLC069839, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74899DL1995PLC069839Current
U74899DL1995PLC069839Previous

Recent Activity on Varun Beverages Limited

Varun Beverages Limited has 44 board changes on record since 1995: 28 appointments and 16 cessations. The latest: Pankaj Madan was appointed as CFO on 04 Aug 2025.

Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 101294273 was registered on 01 May 2026.
AGM
Varun Beverages Limited last Annual general meeting of members was held on 01 Apr 2026 as per latest MCA records.
Charges
A charge with Others of Rs. 2,070.25 Cr registered on 18 Feb 2016 with Charge ID 10625598 was modified on 30 Mar 2026.
Filing
Varun Beverages Limited has filed its annual Financial statements for the year ended 31 Dec 2025 with Roc Delhi I.
Charges
A charge registered on 27 Feb 2017 via Charge ID 100084754 with Others was fully satisfied on 15 Dec 2025.
Charges
A charge with Others of Rs. 150.00 Cr registered on 28 Jul 2025 with Charge ID 101133845 was modified on 27 Nov 2025.
Appointed
Pankaj Madan was appointed as CFO.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101133845 was registered on 28 Jul 2025.
Charges
A charge registered on 12 Aug 2024 via Charge ID 100968992 with Hdfc Bank Limited was fully satisfied on 07 May 2025.
Charges
A charge registered on 25 May 2022 via Charge ID 100575898 with Others was fully satisfied on 28 Apr 2025.
Charges
A charge registered on 17 Jun 2021 via Charge ID 100453674 with Others was fully satisfied on 25 Apr 2025.
Charges
A charge registered on 03 Feb 2022 via Charge ID 100538248 with Others was fully satisfied on 20 Dec 2024.

561 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Varun Beverages Limited

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Subsidiaries & Group Companies of Varun Beverages Limited

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GST Compliance of Varun Beverages Limited

Varun Beverages has 53 GST registrations: 39 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
53
Active
39
Cancelled / inactive
14
GSTINStateStatusRegistered on
07AAACV2678L1ZWDelhiActive01 Jul 2017
03AAACV2678L1Z4PunjabActive01 Jul 2017
04AAACV2678L2Z1ChandigarhActive01 Jul 2017
05AAACV2678L1Z0UttarakhandActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Varun Beverages Limited

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Frequently Asked Questions about Varun Beverages Limited

Varun Beverages is an active public limited company based in New Delhi, Delhi, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 16 June 1995 (31+ years old) and is registered under CIN L74899DL1995PLC069839. Listed on BSE: 540180 and NSE: VBL.

Varun Beverages reported revenue of ₹21,685 Cr for FY 2024-25 (up 8.4% YoY) based on consolidated financials.

Varun Beverages has 10 current directors:

The GSTIN of Varun Beverages is 07AAACV2678L1ZW, registered in Delhi. The company has 53 GST registrations in all, of which 39 are active and 14 are cancelled or inactive. Other active GSTINs include 03AAACV2678L1Z4 (Punjab), 04AAACV2678L2Z1 (Chandigarh), 05AAACV2678L1Z0 (Uttarakhand).

The CIN (Corporate Identification Number) of Varun Beverages is L74899DL1995PLC069839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Varun Beverages is listed on both BSE (code: 540180) and NSE (symbol: VBL).

Varun Beverages has 1,278 court cases on record: 719 filed by the company and 403 filed against it. 443 are pending. Most are in the district courts.

Varun Beverages was incorporated on 16 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.

Varun Beverages has 49 deals on record (24 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,354.13 Cr; the latest was in September 2025.

Pankaj Madan was appointed as CFO on 04 Aug 2025. Lalit Bishambernath Malik ceased to be CFO on 13 May 2024. Naresh Trehan was appointed as Director on 21 Apr 2024. Varun Beverages has 44 board changes on record in total.

Varun Beverages has 21 MSME Form 1 returns on record between 2018 and 2024, listing 3,487 overdue payments to 705 micro and small suppliers. The latest return was filed on 01 May 2024.

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