FilingReader Intelligence
Varun Beverages increases South African subsidiary stake to 97.92%
August 4, 2025 at 11:09 AM UTC•By FilingReader AI
Varun Beverages Limited converted a ZAR 455.7 million loan into 1,005,000 ordinary shares in South African subsidiary The Beverage Company Proprietary Limited.
The conversion increases Varun Beverages' stake from 97.42% to 97.92%. The subsidiary reported consolidated turnover of ZAR 4.09 billion for the year ended June 30, 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:VBL•Bombay Stock Exchange
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