2/1/2025, 5:48:03 pm

Varun Beverages invests ₹413 crore in South African subsidiary

Varun Beverages Ltd, leading bottler of beverage major PepsiCo, on Thursday (January 2) announced an investment of ₹413 crore by subscribing to 1,984,695 ordinary shares in its South African subsidiary, The Beverage Company Proprietary Ltd (Bevco), at a price of ZAR 453.47 per share. Shares of Varun Beverages Ltd ended at ₹648.00, down by ₹2.55, or 0.39% on the BSE.