Joint Venture4 Sept 2025, 04:30 pm
Varun Beverages Ltd Incorporates Joint Venture Company White Peak Refrigeration Private Limited in India
AI Summary
Varun Beverages Ltd has incorporated a joint venture company in India named White Peak Refrigeration Private Limited. The new company will carry on the business of manufacturing visi-coolers and other refrigeration equipments. The necessary disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular No. SEBI/HO/CFD/CFD-POD-2/CIR/P/2024/185 dated December 31, 2024, have already been submitted.
Key Highlights
- Varun Beverages Ltd has incorporated a joint venture company in India.
- The new company is named White Peak Refrigeration Private Limited.
- The business of the new company will include manufacturing visi-coolers and other refrigeration equipments.
- The necessary disclosures have been submitted as per SEBI regulations.
- This move is expected to strengthen Varun Beverages Ltd's presence in the refrigeration equipment market.