Is Varun Beverages a listed company?
Is Varun Beverages a listed company?
Varun Beverages Limited is an Indian company that produces, bottles and distributes beverages. It is the second largest bottling company of PepsiCo’s beverages in the world outside United States….Varun Beverages.
| Type | Public company |
|---|---|
| Traded as | NSE: VBL BSE: 540180 |
| Industry | Beverage |
| Founded | 1995 |
| Headquarters | Gurugram, Haryana , India |
Is Varun Beverages a good buy for long term?
1150 For Good Returns, In Short Term: Brokerage Firm Suggests. Brokerage firm Emkay Global recommends to buy the stock of Varun Beverages for a 21.2% return. Double-digit growth is expected to continue for the company.
Is Varun Beverages a good company?
Is Varun Beverages a good company to work for? Varun Beverages has an overall rating of 3.7 out of 5, based on over 390 reviews left anonymously by employees. 63% of employees would recommend working at Varun Beverages to a friend and 73% have a positive outlook for the business.
The record date for the same has been fixed on Tuesday, June 7, 2022. Bonus shares will be issued out of securities premium account of the company available as at December 31, 2021, the company said. Bonus shares are fully paid additional shares issued by a company to its existing shareholders.
Who owns Varun Beverages?
Who is the CEO of Varun Beverages?
Ravi Kant Jaipuria is the promoter and founding Chairman of Varun beverages Limited. Mr. Jaipuria has three decades of hands-on experience in conceptualizing, executing, developing and expanding the Food, Beverages and Dairy business in South Asia & Africa.
Is Varun a drink in Monopoly?
VBL single-handedly accounts for ~80%+ (as at CY19) sales of PepsiCo products in India, up from 45% in CY16. This has led to VBL gaining near-monopoly position in handling the bottling, sales and distribution of PepsiCo’s products.
Bonus
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| Apollo Tricoat | 1:1 | 06-08-2021 |
| APL Apollo | 1:1 | 06-08-2021 |
| Kanpur Plast | 1:2 | 28-07-2021 |
| Mahindra Life | 2:1 | 28-07-2021 |
Is Varun Beverages debt free?
As you can see below, at the end of December 2021, Varun Beverages had ₹33.9b of debt, up from ₹32.4b a year ago. Click the image for more detail. However, it does have ₹1.51b in cash offsetting this, leading to net debt of about ₹32.4b.
Is Varun Beverages and PepsiCo same?
Varun Beverages Limited (VBL or Company) is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).
What are the products of Varun Beverages?
About Varun Beverages Ltd PepsiCo CSD brands produced and sold by us include Pepsi, Diet Pepsi, 7UP, Mirinda Orange, Mirinda Lemon, Mountain Dew, 7UP Nimbooz Masala Soda, 7UP Revive, Evervess Soda.
What did you like about working at VBL?
Good experience Good team work and the work culture is good. there are so many things can learn. work life balance also good. great pleasure to work with the management .
These are additional shares given to shareholders without any charges. For instance, if a company notifies 1:2 bonus issue, the shareholders are entitled to receive two additional shares for one existing share they hold.
What is the record date for IOC bonus?
The IOC board has fixed next week, Friday, July 1, 2022, as the record date to determine the eligibility of shareholders to receive bonus shares.
A bonus issue, also known as a scrip issue or a capitalization issue, is an offer of free additional shares to existing shareholders. A company may decide to distribute further shares as an alternative to increasing the dividend payout. For example, a company may give one bonus share for every five shares held.
What happened in Varun Beverages?
Varun Beverages Closure of Trading Window During the closure of Trading Window, insiders have been advised not to deal in Equity Shares of the Company. The date of the Board Meeting of the Company for declaration of Financial Results for the Quarter and Half Year ending June 30, 2022 will be intimated in due course.
Who owns Pepsi in India?
The development comes days after Varun Beverages had announced a plan to acquire franchisee rights of PepsiCo in three states from SMV Group, which is controlled by Ravi Jaipuria’s brother Surya Kant Jaipuria. In August 2017, Varun Beverages had acquired PepsiCo’s rights in two states from SMV.
Is Pepsi listed in India?
PepsiCo entered India in 1989 and has grown to become one of the largest MNC food and beverage businesses in India. PepsiCo India’s diverse portfolio includes iconic brands like Pepsi, Lay’s, Kurkure, Tropicana 100%, Gatorade and Quaker.
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