Varun Beverages Kenya Unit Completes $32M DFIL Acquisition

Date: August 1, 2026

VBL Industries (Kenya) Limited (VBL Kenya), a wholly-owned subsidiary of Varun Beverages Limited, has successfully completed the acquisition of the value-added dairy beverages, juices, and packaged drinking water businesses of Devyani Food Industries (Kenya) Limited (DFIL Kenya).
The acquisition was completed for a consideration of USD 32 million.
The transaction became effective from August 1, 2026.
The completion follows the agreement announced in the company's earlier disclosure dated July 6, 2026.
The information about completion was received by Varun Beverages Limited at 12:44 PM IST on August 1, 2026.

This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The detailed disclosure requirements were previously fulfilled through the intimation dated July 6, 2026, which complied with Regulation 30 read with Para B of Part A of Schedule III of SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

This announcement serves as an update confirming the successful completion of the acquisition that was previously communicated.