Varun Beverages credit rating upgraded by CRISIL

Varun Beverages Limited (BSE: VBL) announced today that its long-term credit rating has been upgraded by CRISIL to 'CRISIL AAA/Stable' from 'CRISIL AA+/Stable'. The company communicated this update to the National Stock Exchange of India and the Bombay Stock Exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The upgrade reflects positively on Varun Beverages' financial health and stability. The company requested the exchanges to take the above on record. Ravi Batra, Chief Risk Officer & Group Company Secretary, signed the official notification.