Varun Beverages Limited (VBL.NS)

1,607.55 +18.70 (+1.18%) At close: 03:30PM IST

Varun Beverages Limited

RJ Corp House
Plot No. 31 Institutional Area Sector-44
Gurugram 122002
India
91 12 4464 3100
https://www.varunbeverages.com

Sector(s): Consumer Defensive
Industry: Beverages - Non-Alcoholic
Full-time employees: 9,973

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Varun Ravi Kant Jaipuria	Executive Vice Chairman	54.06M	N/A	1987
Mr. Rajesh Chawla	Chief Financial Officer	N/A	N/A	N/A
Mr. Ravi Batra	Chief Risk Officer, Compliance Officer & Group Company Secretary	N/A	N/A	1972
Mr. Raj Pal Gandhi F.C.A.	Whole-Time Director	65.45M	N/A	1957
Mr. Rajinder Jeet Singh Bagga	Whole-Time Director	60.8M	N/A	1963
Mr. Sudin Kumar Naik Gaunker	Chief Operating Officer	N/A	N/A	1972
Mr. Bhupinder Singh M.B.A.	Regional Chief Technical Officer	N/A	N/A	1965
Mr. Deepak Dabas	Senior Vice President of Investor Relations	N/A	N/A	N/A
Mr. Manmohan Rupal Paul	Chief Operating Officer of Sales	N/A	N/A	1974
Mr. Rajeshwar Tripathi	Group Chief Human Resources Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Varun Beverages Limited, together with its subsidiaries, operates as the franchisee of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo. It is involved in the manufacture, bottling, distribution, and sale of a range of CSDs under the Pepsi, Pepsi Black, Mountain Dew, Mirinda, and 7UP brands; energy drinks under the Sting and Sting Blue brands; club sodas under the Evervess and Dukes brands; and carbonated juice-based drinks under the 7UP Nimbooz Masala Soda brand. The company also produces and distributes NCBs comprising fruit pulp/juice-based drinks under the Tropicana 100%, Tropicana Delight, Slice, and 7UP Nimbooz brands; ice-tea in various flavors under the Lipton brand; sports drinks in various flavors under the Gatorade brand; packaged drinking water under the Aquafina and Aquavess brands; and value-added dairy-based beverages under the Cream Bell brand. It sells its products to retail outlets directly and through distributors in India, as well as territories of Nepal, Sri Lanka, Morocco, Zambia, Zimbabwe, Congo, Dubai, South Africa, Eswatini, Lesotho, Namibia, Botswana, and Mozambique. The company was incorporated in 1995 and is based in Gurugram, India.

Corporate governance

Varun Beverages Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.