Varun Beverages allots shares under employee stock option scheme

Varun Beverages Limited announced on October 9, 2025, that its Share Allotment Committee approved the allotment of 27,500 equity shares, each with a face value of Rs. 2, to eligible employees. These shares were issued upon the exercise of stock options vested under the Employees Stock Option Scheme 2016.

This allotment increases the company's total paid-up shares from 3,381,961,269 to 3,381,988,769 equity shares. The newly allotted shares will rank pari-passu with the existing equity shares of the company. The exercise prices per equity share, adjusted after a stock split, varied: Rs. 174.00 for 10,000 ESOPs, Rs. 251.00 for 5,000 ESOPs, and Rs. 359.60 for 12,500 ESOPs.

The premium per share and face value per share for these tranches were Rs. 172.00 & Rs. 2 for 10,000 ESOPs, Rs. 249.00 & Rs. 2 for 5,000 ESOPs, and Rs. 357.60 & Rs. 2 for 12,500 ESOPs, respectively. The total issued share capital after this issue now stands at Rs. 6,763,977,538. The shares will not be subject to any lock-in period.