VARUN BEVERAGES LTD.
NSE : VBLBSE : 540180ISIN
CODE : INE200M01021Industry : Consumer FoodHouse
: Private
BSE1462.2017.55 (+1.21 % )
PREV CLOSE (Rs.) 1444.65
OPEN PRICE (Rs.) 1465.00
BID PRICE (QTY) 1462.65 (5 )
OFFER PRICE (QTY) 1465.35 (8 )
VOLUME 320500
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1463.30 18.25 (+1.26 % )
PREV CLOSE(Rs.) 1445.05
OPEN PRICE (Rs.) 1463.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 901500
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 15-Apr-2024 | RVNL, TCS and Harsha Engineers to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Rail Vikas Nigam</span> (RVNL) has received Letter of Acceptance (LoA) from NFR-CONST HQ-ELECTRICAL/N.F.RLY CONSTRUCTION for Engineering, Procurement, Construction of Design, Supply, Erection, Testing & Commissioning of 25 kV, 50 Hz, Single Phase, AC, Electrification OHE and TSS Works of Araria - Thakurganj New line Section in connection with New Line Project of Araria - Galgalia of N.F. Railway, including associated Works and Supply, erection, modification, testing and commissioning of SCADA for the section. (106.958 RKM/ 119.27 TKM). (in EPC mode). The cost of work is Rs 95.95 crore. The said order is likely to be completed in 240 days. </p><p style="text-align: justify;"><span style="font-weight: bold;">TCS </span>has reported results for fourth quarter (Q4) ended March 31, 2024. Tata Consultancy Services (TCS) has reported rise of 16.26% in its net profit at Rs 11,393 crore for the quarter under review as compared to Rs 9,800 crore for the same quarter in the previous year. Total income of the company increased by 4.06% at Rs 53,294 crore for Q4FY24 as compared Rs 51,213 crore for the corresponding quarter previous year. On consolidated basis, the company has reported rise of 9.32% in its net profit at Rs 12,502 crore for fourth quarter ended March 31, 2024 as compared to Rs 11,436 crore for the same quarter in the previous year. Total income of the company increased by 3.41% at Rs 62,394 crore for Q4FY24 as compared Rs 60,337 crore for the corresponding quarter previous year.</p><p style="text-align: justify;"><span style="font-weight: bold;">Harsha Engineers International </span>has entered into an Agreement with Umbra Group S.p.A (Umbra Group) on April 12, 2024. In accordance with the Agreement, the Company has been appointed as the exclusive authorized agency of Umbra Group for repair, marketing, promotion, and sale of industrial ball screws, linear actuators, electro-spindles, milling heads or other manufactured components (Products) within the territory of India and the company wishes to market, promote, repair and sell the Products. Umbra Group will be supporting to the company to all technical aspects as may be required and the company will be marketing Umbra's Product in designatory territory i.e India.</p><p style="text-align: justify;"><span style="font-weight: bold;">Dixon Technologies India </span>has inked Memorandum of Understanding (MoU) with Dassault Systemes to revamp its manufacturing operations worldwide. The agreement aims to harness the capabilities of Dassault Systemes' Digital Enterprise Lean Manufacturing Interactive Application (DELMIA) Apriso applications to enhance efficiency and quality control throughout the company's production processes.</p><p style="text-align: justify;"><span style="font-weight: bold;">Engineers India </span>(EIL) has signed Memorandum of Understanding (MoU) with Detect Technologies for Real Time Artificial Intelligence (AI) based Monitoring for Implementing Safe Practices at site using CCTV cameras, drones, network components, cloud/data centre etc. The collaboration will help EIL create the safest possible environment for the working personnel at Construction Sites.</p><p style="text-align: justify;"><span style="font-weight: bold;">Varun Beverages</span> has started commercial production of carbonated soft drinks & energy drinks (juices and value added dairy products to be started) at its production facility at Gorakhpur, Uttar Pradesh.</p><p style="text-align: justify;"><span style="font-weight: bold;">ISMT </span>has received two contracts from Oil and Natural Gas Corporation (ONGC) for supply of regular casing pipes as per specifications given in the contracts. Aggregate value of two contracts is around Rs 343.72 crore. The said contracts are likely to be executed till February 13, 2025.</p><div style="text-align: justify;"><br></div> |
| 13-Apr-2024 | Varun Beverages starts commercial production of carbonated soft drinks & energy drinks | <p style="text-align: justify;"></p><p>Varun Beverages has started commercial production of carbonated soft drinks & energy drinks (juices and value added dairy products to be started) at its production facility at Gorakhpur, Uttar Pradesh.</p><p>Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.</p><p></p><div style="text-align: justify;"><br></div> |
| 10-Apr-2024 | Varun Beverages gets nod to invest in Aspirative Creative Ventures | <p style="text-align: justify;">Varun Beverages has received approval for investing upto 14% of Equity Share Capital of Aspirative Creative Ventures, a special purpose vehicle inter-alia engaged to supply solar power to consumers in the state of Uttar Pradesh. </p><p style="text-align: justify;">VBL intends to obtain solar power (generation and supply) from the Company for its facility located in Gorakhpur, Uttar Pradesh. Solar power is environment friendly and will also reduce the power costs at the Gorakhpur facilities. Accordingly, as per the Electricity Act, VBL being the captive user, is required to make an investment in the Company. The completion of the transaction is expected on or before December 9, 2024. Rs 2.24 will be allocated towards subscribing 11,20,000 equity shares of face value Rs 10 each, along with a premium of Rs 10 per share. The Investment and Borrowing Committee of the Board of Directors at its meeting held on April 10, 2024 has considered and approved the same. </p><p style="text-align: justify;">Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.</p><div style="text-align: justify;"><br></div> |
| 10-Apr-2024 | Varun Beverages gets nod to invest in Huoban Energy 11 | <p style="text-align: justify;">Varun Beverages (VBL) has received approval for investing upto 14% of Equity Share Capital of Huoban Energy 11, a special purpose vehicle inter-alia engaged to supply solar power to consumers in the state of Maharashtra. </p><p style="text-align: justify;">VBL intends to obtain solar power (generation and supply) from the company for its facility located in Supa Parner, Sakri, District Dhule, Maharashtra. Solar power is environment friendly and will also reduce the power cost at the said facilities. Accordingly, as per the Electricity Act, VBL being captive user, is required to make investment in the company. Completion of the transaction is expected on or before October 9, 2024. Rs 2.90 crore will be allocated towards subscribing upto 14% equity shares of the company. The Investment and Borrowing Committee of the Board of Directors at its meeting held on April 10, 2024 has considered and approved the same. </p><p style="text-align: justify;">Varun Beverages is franchisee of CSDs and NCBs sold under trademarks owned by PepsiCo in India and internationally.</p><div style="text-align: justify;"><br></div> |
| 01-Apr-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | The Share Allotment Committee of the Board of Directors today approved the allotment of 13,250 Equity Shares of face value of Rs. 5 each upon exercise of stock options vested the Employees Stock Options Scheme 2016. |
| 07-Mar-2024 | Varun Beverages informs about allotment of ESOP | <div style="text-align: justify;">Varun Beverages has informed that the Share Allotment Committee of the Board of Directors of the Company today (started at 3:45 PM and concluded at 4:00 PM) approved the allotment of 40,500 Equity Shares of face value of Rs 5 each of the Company to the eligible employees upon exercise of stock options vested under Employees Stock Option Scheme 2016 (ESOP 2016). Consequent to the aforesaid allotment, the paid-up shares of the Company is increased from 129,93,49,963 Equity Shares to 129,93,90,463 Equity Shares having face value of Rs 5 each. In terms of Regulation 10(c) of the SEBI ESOP Regulations, the statutory details are enclosed as Annexure -1. The same is being uploaded on website of the Company at www.varunbeverages.com</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 07-Mar-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | The Share Allotment Committee of the Board of Directors today approved the allotment of 40,500 Equity Shares of face value of Rs. 5 each upon exercise of stock options vested under the Employees Stock Option Scheme 2016. |
| 05-Mar-2024 | Varun Beverages submits analyst meet intimation | <div style="text-align: justify;">Varun Beverages has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, representatives of the Company shall participate in the meeting of group of investors as per schedule given in the enclosed intimation. The above information is uploaded on website of the Company at www.varunbeverages.com. </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 06-Feb-2024 | Varun Beverages submits analyst meet intimation | <div style="text-align: justify;">Varun Beverages has informed that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, representatives of the Company shall participate in the meeting of group of investors as per schedule given in the enclosed intimation. The above information is uploaded on website of the Company at www.varunbeverages.com.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 05-Feb-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | The Share Allotment Committee of the Board of Directors today approved the allotment of 30,000 Equity Shares of face value of Rs. 5 each upon exercise of stock options vested under Employees Stock Option Scheme 2016. |
