Varun Beverages (VBL) — Board Meeting

Varun Beverages Limited's Investment and Borrowing Committee approved investment of up to 26% equity stake in Jager Renewables Two Private Limited, a special purpose vehicle incorporated in June 2024 to generate and supply solar power in Rajasthan. VBL will invest ₹26,000 initially to secure captive solar power for its facilities in Kota, Alwar, Jaipur, Jodhpur, and Bhiwadi, reducing power costs. The transaction is expected to complete by June 2, 2026, and is not a related-party transaction.

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About Varun Beverages Limited (VBL)

Fast Moving Consumer Goods · Beverages · Listed on NSE

Market Cap: ₹1,70,400.08 Cr P/E: 64.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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