Varun Beverages incorporates new holding company in Zimbabwe
Varun Beverages Limited has established a new entity in Zimbabwe. The company incorporated Varun Beverages Holding (Zimbabwe) (Private) Limited on August 3, 2026, to operate as a holding and investment company in the region.The incorporation involves Varun Beverages (Zimbabwe) (Private) Limited, which is a subsidiary of Varun Beverages Limited. The new entity will function as a holding/investment company based in Zimbabwe.
Details regarding the shareholding structure of the newly incorporated entity are provided below:
| Shareholder | Percentage Holding |
|---|---|
| Varun Beverages (Zimbabwe) (Private) Limited | 70% |
| Mega Market Private Limited | 30% |
The incorporation was structured with a cash consideration. The authorized share capital for the entity is USD 500,000, representing 500,000 shares at a face value of USD 1 per share. The paid up share capital stands at USD 1,000, which corresponds to 1,000 shares also at a USD 1 per share value.
The cost of subscription for the entity was set at the face value of USD 1 per share.
VBL Stock Price Movement
Varun Beverages Limited shares today shed 1.35% of their value, settling at ₹439 after trading declined by ₹6.00. The stock saw significant activity in the session, with a traded volume exceeding 3.15 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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