Varun Beverages Limited (VBL) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
Allotment of 201,750 shares under ESOP 2016 approved
🔄 What Changed
Paid-up shares increased by 2,01,750; share capital increased by Rs. 4,04,000
💡 Investor Takeaway
This dilutes existing shareholders but funds employee incentives without external financing.

Varun Beverages approved the allotment of 201,750 equity shares to eligible employees under its 2016 ESOP scheme, increasing paid-up capital from 338,20,94,394 to 338,22,96,144 shares and share capital from Rs. 676,41,88,788 to Rs. 676,45,92,288. The allotment price varies by option type, ranging from Rs. 121 to Rs. 359.60 per share, with a face value of Rs. 2 per share.

📄 View Original Announcement (PDF)

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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