5401802025-12-215401802025-12-212025-12-21iso4217:INRxbrli:pureVARUN BEVERAGES LIMITEDVBLNewAcquisition (including agreement to acquire)2025-12-21The Board of Directors of Varun Beverages Limited (“Company”) at their meeting held on 21 December 2025 inter-alia considered and approved to acquire 100% Share Capital of Twizza Proprietary Limited (“Twizza”) (a company incorporated under the laws of South Africa) at an Enterprise value of ZAR 2,095 Million (INR 11,187 Million; 1 ZAR = 5.34 INR) through our subsidiary company in South Africa i.e. The Beverages Company Proprietary Limited (“Bevco”), subject to regulatory and other approvals (if any) including but not limited to Competition Commissions of South Africa, Botswana and Eswatini.2025-12-21The Beverages Company Proprietary Limited ("Bevco")SubsidiaryTwizza Proprietary Limited ("Twizza")80915000003008000001920800000falsefalsefalsetrueNon-alcoholic BeveragesThe acquisition will enable BevCo to penetrate deeper in the South Africa market through Twizza’s three manufacturing facilities located at Cape Town, Queenstown and Middelburg. Twizza also has backward integration facilities at all plants with total of 5 preform and 1 closure line. Consequent to acquisition, Twizza will become step down subsidiary of the Company.YesSubject to regulatory and other approvals (if any) including but not limited to Competition Commissions of South Africa, Botswana and EswatinifalseOn or before June 30, 2026Cash11187000000010Twizza is a registered company in the Republic of South Africa incorporated in 2003 and having its operating address at 1, Arkwright Street, Komani Industrial Park, Komani (Queenstown), South Africa. Twizza is engaged in the business of manufacturing and distribution of own branded non-alcoholic Beverages in South Africa. Twizza achieved sales volumes of ~71mn 8oz cases in FY 2024-25 ended June.South AfricaTarget Entity: Twizza Proprietary Limited ("Twizza") Turnover of Twizza for the Financial Year ended June 30, 2025 is ZAR 1,689 Million (INR 9,019 Million; 1 ZAR = 5.34 INR). The promoter / promoter group / group companies of the Company does not have any interest in the entity being acquired. Consideration - Enterprise Value of ZAR 2,095 Million (INR 11,187 Million; 1 ZAR = 5.34 INR) payable in cash. Percentage of shareholding / control acquired - Bevco intends to hold 100% of the Share Capital of Twizza Last 3 years turnover of Twizza is as follows (net of excise): FY 2024-25 (July to June): ZAR 1,689 Million FY 2023-24 (July to June): ZAR 1,641 Million FY 2022-23 (July to June): ZAR 1,551 Million