Varun Beverages Ltd - 540180 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting22-10-2024
Varun Beverages Ltd - 540180 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board MeetingVarun Beverages Ltd - 540180 - Unaudited Financial Results Of The Company (Standalone And Consolidated) For The Quarter And Nine Months Ended September 30, 2024
Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Nine Months ended September 30, 2024Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company will host a conference call with Investors and Analysts on Tuesday, October 22, 2024 at 02:30 P.M. (IST). Details of the conference call with Investors and Analysts are enclosed.Varun Beverages Ltd - 540180 - Board Meeting Intimation for Unaudited Financial Results Of The Company, Both On Standalone And Consolidated Basis, For The Quarter And Nine Months Ended September 30, 2024
Varun Beverages Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/10/2024 ,inter alia, to consider and approve The Unaudited Financial Results of the Company, both on Standalone and Consolidated basis, for the Quarter and Nine Months ended September 30, 2024. In continuation to our letter dated September 26, 2024 regarding the closure of Trading Window from October 1, 2024 till 48 hours after public announcement of the Unaudited Financial Results for the Quarter and Nine Months ended September 30, 2024, we wish to inform you that the Trading Window will be closed till October 24, 2024. Further, please note that the Company is following 1st January to 31st December as its Financial Year in terms of Section 2(41) of the Companies Act, 2013 as approved by the Company Law Board.Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication related to Postal Ballot Notice.Varun Beverages to raise Rs 7,500 cr through QIP to fund expansion plans
Varun Beverages, the leading bottler of beverage major PepsiCo, has plans to raise Rs 7,500 crore from the market through Qualified Institutional Placement (QIP) route to fund its growth plans. The board of the company in a meeting held on Wednesday approved the proposal for "raising of funds by way of issuance of equity shares for an aggregate amount not exceeding Rs 7,500 crore" through QIP, according to a regulatory filing by the company. The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of equity shareholders of the company" through postal ballot, it added. The proceeds from this fundraise would be utilised in "making investments in subsidiaries, joint ventures or associates" or to "fund the growth of existing businesses including expanding product portfolio, entering into new territories and making strategic acquisitions". This will also help in "Pre-payment or repayment" of debts and in general corporate purposes, Varun BeveragesVarun Beverages Ltd - 540180 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
As approved by the Board of Directors at their meeting held today, copy of the Postal Ballot Notice along with explanatory statement is enclosed.Varun Beverages Ltd - 540180 - General Update
Discussion note presented to the Board of Directors related to QIP.Varun Beverages Ltd - 540180 - Board Meeting Outcome for Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
The Board of Directors of Varun Beverages Limited (our Company) at their meeting held today (started at 09:30 A.M. and concluded at 09:45 A.M.) inter-alia considered and approved the following: (i) Raising of funds by way of issuance of Equity Shares for an aggregate amount not exceeding Rs. 7,500 Crore , in one or more tranche(s), through Qualified Institutions Placement ('QIP'), subject to receipt of approval of Equity Shareholders of the Company through Postal Ballot and any other regulatory/ statutory approvals (if any). (ii) Notice of Postal Ballot for seeking approval of Equity Shareholders in respect of raising of funds by way of issuance of Equity Shares through QIP.Varun Beverages Share Price Falls Nearly 5% After Fundraise Announcement
Varun Beverages' share price has lost around 10% in its three-day fall.